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Presidential Conflicts of Interest Accountability Act

This act requires the President and Vice President to disclose their financial holdings and sell off assets that could create a conflict of interest. It aims to ensure that national leaders act in the public interest rather than for personal financial gain.
Key points
Mandatory disclosure of financial interests for the President, Vice President, and their families within 30 days.
Requirement to move assets into a 'qualified blind trust' to prevent personal influence on policy.
Public release of tax returns from the three most recent years and any pending audits.
Legal enforcement by the Attorney General or State Attorneys General for non-compliance.
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Status: Introduced
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Additional Information
Print number: 119_HR_7207
Sponsor: Rep. Craig, Angie [D-MN-2]
Process start date: 2026-01-22
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Presidential Conflicts of Interest Accountability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7207.

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 2026-01-22.

What are the main provisions?

Key points include:

  • Mandatory disclosure of financial interests for the President, Vice President, and their families within 30 days.
  • Requirement to move assets into a 'qualified blind trust' to prevent personal influence on policy.
  • Public release of tax returns from the three most recent years and any pending audits.
  • Legal enforcement by the Attorney General or State Attorneys General for non-compliance.
What is the specific legal status?

The current status is Introduced.

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. Craig, Angie [D-MN-2].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-02-12.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law