To require certain officers and employees in the executive branch of the Federal Government to divest certain financial interests, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 13, 2020)
This bill requires certain government officials in the executive branch and their spouses to divest corporate and other financial interests.
Specifically, such officials must divest into a qualified blind trust any financial interest in a business for which the official is a trustee, partner, officer, director, or more than 10% shareholder. The trustee of the qualified blind trust must sell the interest and use the proceeds to purchase conflict-free holdings.
The bill's requirements apply to cabinet officials, senior executives, policy advisors, presidential appointees, specified White House personnel, and their spouses.
What just happenedJul 13, 2020
Referred to the House Committee on Oversight and Reform.
Who’s behind it
- Introduced in HouseJul 13, 2020
- Jul 13, 2020IntroReferralH11100
Referred to the House Committee on Oversight and Reform.
Oversight and Accountability Committee - Jul 13, 2020IntroReferralIntro-H
Introduced in House
- Jul 13, 2020IntroReferral1000
Introduced in House