S 882
Presidential Conflicts of Interest Act of 2019
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Bill overview
This bill, the Presidential Conflicts of Interest Act of 2019, aims to increase transparency and accountability regarding the financial interests of the President and Vice President. It requires these officials to disclose their financial holdings, including tax returns, to Congress and the Office of Government Ethics. Furthermore, the bill mandates the divestment of any financial interests posing a conflict of interest through transfer to a qualified blind trust and establishes a reporting process for the Office of Government Ethics to annually review these disclosures. Finally, it amends existing ethics laws to address potential conflicts arising from presidential appointments.
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Primary sponsor
Cosponsors
Benjamin L. Cardin
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