Summary: H.R.2027 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.2027. Bill summaries are authored by CRS.

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Introduced in House (04/02/2019)

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.