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Increased Financial Transparency for President's and VP's Children

This act expands financial disclosure requirements for the President and Vice President to include their adult, non-dependent children. The goal is to enhance transparency and prevent potential conflicts of interest. This could impact public trust in government officials.
Key points
The President and Vice President will be required to disclose financial information about their adult children, even if they are not dependents.
The change aims to ensure greater financial transparency for individuals connected to top government officials.
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Additional Information
Print number: 117_HR_4782
Sponsor: Rep. Waltz, Michael [R-FL-6]
Process start date: 2021-07-28