This bill requires the President and Vice President to reveal their financial interests and sell any that might conflict with their duties. It aims to ensure transparency and prevent conflicts of interest in the highest offices of the country.
If you are concerned about government transparency, this bill aims to reduce potential conflicts of interest at the highest levels.
Who this affects
President · Vice President · Immediate family members
What changes is this bill making?
1The President and Vice President must disclose their financial interests within 30 days of taking office.
2They must sell any financial interests that could create a conflict of interest.
3Annual reports will be submitted to Congress about their financial interests.
4The Office of Government Ethics will oversee these disclosures and divestitures.
5State attorneys general can enforce compliance with this law.