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.
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