To extend conflict of interest provisions to the President and Vice President of the United States.
Presidential Accountability Act
This bill amends the federal criminal code to make it a crime for the President or Vice President to personally and substantially participate in official matters that affect their financial interests, unless the financial interests are held in a blind trust or the President or Vice President discloses the financial interests and receives an exemption.
It imposes criminal penalties—a prison term, a fine, or both—on a President or Vice President who commits the offense. It also authorizes civil penalties and injunctions.
Additionally, a violation constitutes a high crime and misdemeanor (i.e., grounds for impeachment) under Article II, Section 4 of the U.S. Constitution.
Finally, the bill prohibits the President or Vice President from entering into contracts with the U.S. government.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on the Constitution and Civil Justice.
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
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