No Conflict of Interest Presidency Act of 2017

2017-07-28

Introduced in House

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.

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