,i #aaeth ,,congress #ast ,session ,h4 ,r4 #bdid ,,in ,,the ,,house ,,of ,,representatives ,may #ag1 #bjag,mr4 ,espaillat 7for himself1 ,mr4 ,cohen1 and ,mr4 ,mc,govern7 introduced the following bill2 which was referred to the ,committee on ,oversight and ,government ,reform ,a ,,bill ,to amend the ,ethics in ,government ,act of #aigh to require the ,president to place any financial conflicts of interest into a blind trust1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,drain the ,swamp and the ,president's ,assets ,act4 #b4 ,placement of ,president's financial conflicts of interest into blind trust 7a7 ,in general ,title ,i of the ,ethics in ,government ,act of #aigh 7,public ,law #ie-eba7 is amended by inserting after section #aaa the following3 #aab4 ,the ,president3 placement of financial conflicts of interest into blind trust 7a7 ,in general ,beginning on the date that is #cj days after the date that the ,president first assumes office1 the ,president may not hold any asset that would otherwise be considered a disqualifying financial interest under section #bjh of title #ah1 ,united ,states ,code1 if the ,president were subject to such section4 7b7 ,blind trust 7#a7 ,in general ,the ,president may place any asset covered by subsection 7a7 into a blind trust 7as that term is defined in section #ajb7;f77#c774 7#b7 ,divestiture ,not later than #cj days after any such asset is placed in a blind trust1 the trustee or other entity who is involved in the management or control of the blind trust shall divest the blind trust of such asset4 4 7b7 ,application ,the amendment made by subsection 7a7 shall apply to any ,president assuming office on or after the date of enactment of this ,act4 #c4 ,violations ,a violation of the amendment made by this ,act shall constitute a high crime and misdemeanor for the purposes of article ,,ii1 section #d of the ,constitution of the ,united ,states4