Legis Daily

To require the President to convert private businesses and investments in order to prevent conflicts of interest under Federal law, and for other purposes.

USA115th CongressHR-3532| House 
| Updated: 7/28/2017
Dwight Evans

Dwight Evans

Democratic Representative

Pennsylvania

Cosponsors (1)
James P. McGovern (Democratic)

Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
No Conflict of Interest Presidency Act of 2017 This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of interest. A violation of this bill shall constitute a high crime and misdemeanor under the U.S. Constitution.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 28, 2017
Introduced in House
Jul 28, 2017
Referred to the House Committee on Oversight and Government Reform.
  • July 28, 2017
    Introduced in House


  • July 28, 2017
    Referred to the House Committee on Oversight and Government Reform.

Government Operations and Politics

Business investment and capitalCongressional-executive branch relationsCriminal investigation, prosecution, interrogationFinancial services and investmentsGovernment ethics and transparency, public corruptionPresidents and presidential powers, Vice PresidentsReal estate businessSecurities

To require the President to convert private businesses and investments in order to prevent conflicts of interest under Federal law, and for other purposes.

USA115th CongressHR-3532| House 
| Updated: 7/28/2017
No Conflict of Interest Presidency Act of 2017 This bill requires the President: (1) immediately after assuming office, to convert any private businesses and investments owned or held by the President into cash; and (2) upon making such conversion, to purchase Treasury bills, notes, or bonds, widely diversified mutual funds, or any other holding that does not give rise to a financial conflict of interest. A violation of this bill shall constitute a high crime and misdemeanor under the U.S. Constitution.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 28, 2017
Introduced in House
Jul 28, 2017
Referred to the House Committee on Oversight and Government Reform.
  • July 28, 2017
    Introduced in House


  • July 28, 2017
    Referred to the House Committee on Oversight and Government Reform.
Dwight Evans

Dwight Evans

Democratic Representative

Pennsylvania

Cosponsors (1)
James P. McGovern (Democratic)

Oversight and Government Reform Committee

Government Operations and Politics

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalCongressional-executive branch relationsCriminal investigation, prosecution, interrogationFinancial services and investmentsGovernment ethics and transparency, public corruptionPresidents and presidential powers, Vice PresidentsReal estate businessSecurities