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H.R. 2027

BillFederalHouseIn Committee
Drain the Swamp and the President’s Assets Act
About This Bill
Committee
Latest Action · April 2, 2019
Referred to the House Committee on Oversight and Reform.
Congress
116th (2019–2021)
Introduced
April 2, 2019
Sponsor
Rep. Adriano EspaillatD
Cosponsors (0)
None
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Summary

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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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