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Preventing Personal Gain from Federal Funds for Government Officials and Families

This act aims to boost public trust by preventing high-ranking government officials and their families from personally profiting from federal funds. Businesses owned by the President, Vice President, department heads, and their close relatives will be barred from receiving federal money or entering into contracts with government agencies. The only exception is for expenses related to presidential protection.
Key points
Businesses owned by top government officials and their families cannot receive federal funds.
Government agencies are prohibited from contracting with businesses controlled by these officials or their families.
The goal is to increase public trust and prevent conflicts of interest.
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Additional Information
Print number: 117_HR_231
Sponsor: Rep. Ruiz, Raul [D-CA-36]
Process start date: 2021-01-06