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Prohibiting Foreign Influence on President, Vice President, and Their Families

This act aims to prevent corruption by prohibiting the President, Vice President, and their immediate family members from accepting valuable items or money from foreign states and entities. This is intended to protect the independence of political decisions and ensure that the interests of U.S. citizens are always prioritized. Citizens can feel more secure knowing their leaders are less susceptible to external financial pressures.
Key points
The President, Vice President, and their immediate family members are prohibited from accepting valuable items from foreign states or entities.
The prohibition also applies to entities where the President, Vice President, or their families hold at least a 50% ownership interest.
Exceptions include investments in mutual funds, assets held in blind trusts, gifts of minimal value, and cultural exchange programs.
The goal is to increase public trust and protect against foreign influence at the highest levels of government.
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Expired
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Additional Information
Print number: 117_HR_1267
Sponsor: Rep. Swalwell, Eric [D-CA-15]
Process start date: 2021-02-23
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Prevent Corrupting Foreign Influence Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1267.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-23.

What are the main provisions?

Key points include:

  • The President, Vice President, and their immediate family members are prohibited from accepting valuable items from foreign states or entities.
  • The prohibition also applies to entities where the President, Vice President, or their families hold at least a 50% ownership interest.
  • Exceptions include investments in mutual funds, assets held in blind trusts, gifts of minimal value, and cultural exchange programs.
  • The goal is to increase public trust and protect against foreign influence at the highest levels of government.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Swalwell, Eric [D-CA-15].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

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