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H.R. 2027

Drain the Swamp and the President’s Assets Act

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.

Referred to the House Committee on Oversight and Reform.

Rep. Espaillat, Adriano [D-NY-13](D-NY)Sponsor
1committees3actions4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Oversight and Reform.

    Oversight and Accountability Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Drain the Swamp and the President’s Assets Act — Informed