HR 2027 · 116th Congress · Government Operations and Politics

Drain the Swamp and the President’s Assets Act

Introduced 2019-04-02· Sponsored by Rep. Espaillat, Adriano [D-NY-13]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Oversight and Reform.(2019-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] Drain the Swamp and the President's Assets Act This bill prohibits the President from holding any asset that would be considered a disqualifying financial interest under applicable criminal code provisions. The President may place any such asset into a blind trust, and the trustee or other entity who is involved in the management or control of the blind trust shall divest the blind trust of such asset. A violation of this bill's prohibition constitutes an impeachable offense.…

Summarized by Claude AI · Non-partisan · For informational purposes only