Summary: H.R.3532 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3532. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/28/2017)

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.