H.R. 2027 · 116th Congress
Drain the Swamp and the President’s Assets Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
EspaillatSponsorNo cosponsors.
This bill prohibits the President from holding any asset that would be considered a disqualifying financial interest under applicable criminal code provisions.
What it does: CRS summary · Introduced in House · Apr 2, 2019
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Drain the Swamp and the President’s Assets Act
Latest action (Apr 2, 2019): Referred to the House Committee on Oversight and Reform.
Policy area: Government Operations and Politics · Origin: House · Introduced: Apr 2, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.