HR 3532 · 115th Congress · Government Operations and Politics
No Conflict of Interest Presidency Act of 2017
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Oversight and Government Reform.(2017-07-28)
Plain Language Summary
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No Conflict of Interest Presidency Act of 2017 This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of interest. A violation of this bill shall constitute a high crime and misdemeanor under the U.S. Constitution.…
Summarized by Claude AI · Non-partisan · For informational purposes only