Drain the Swamp and the President's Assets Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 17, 2017)
Drain the Swamp and the President's Assets Act
This bill amends the Ethics in Government Act of 1978 to prohibit 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. 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.
What just happenedMay 17, 2017
Referred to the House Committee on Oversight and Government Reform.
Who’s behind it
- Introduced in HouseMay 17, 2017
- May 17, 2017IntroReferralH11100
Referred to the House Committee on Oversight and Government Reform.
Oversight and Accountability Committee - May 17, 2017IntroReferralIntro-H
Introduced in House
- May 17, 2017IntroReferral1000
Introduced in House