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United States · Bill · HR

H.R. 2027 (116th)

Drain the Swamp and the President’s Assets Act

referredUnited States· United States Congress· EN

Introduced

2 April 2019

Last action

Status

Referred to the House Committee on Oversight and Reform.

Sponsors

Subjects

Discovery layer

Source updated

4 February 2025

Summary

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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