,i #aaeth ,,congress #ast ,session ,h4 ,r4 #cehg ,,in ,,the ,,house ,,of ,,representatives ,july #bh1 #bjag,mr4 ,gomez introduced the following bill2 which was referred to the ,permanent ,select ,committee on ,intelligence ,a ,,bill ,to provide for the collection and assessment of intelligence regarding the efforts of foreign powers to gain influence through the financial interests of the ,president and close family members and associates of the ,president4 #a4 ,short title ,this ,act may be cited as the ,battling ,russian ,intelligence ,baiting ,efforts ,act of #bjag or the ,,bribe ,act of #bjag4 #b4 ,collection and assessment of intelligence regarding the efforts of foreign powers to gain influence through the financial interests of the ,president and close family members and associates of the ,president 7a7 ,findings ,congress makes the following findings3 7#a7 ,article ,i1 section #i1 clause #h of the ,united ,states ,constitution 7commonly known as the ,emoluments ,clause7 prohibits acceptance of gifts by the ,president from a foreign state4 7#b7 ,the purpose of the emoluments clause is to prevent foreign corruption of the workings of the ,united ,states ,government4 7#c7 ,pursuant to a #bjji opinion by the ,office of ,legal ,counsel1 corporations owned or controlled by a foreign government are presumptively foreign states under the ,emoluments ,clause4 7#d7 ,president ,donald ,j4 ,trump maintains a business network1 the ,trump ,organization1 that has financial interests around the world and negotiates and concludes transactions with foreign states and entities that are extensions of foreign states4 7#e7 ,the ,office of ,government ,ethics has expressed concerns regarding ongoing conflicts of interest between ,president ,trump and his business concerns and intermingling of the ,trump ,organization and the work of ,government4 ,examples of potential ,trump conflicts include the following3 7,a7 ,president ,trump received long sought trademarks for the ,trump ,organization by the ,chinese government the day after reversing his position on the one-,china policy4 7,b7 ,saudi ,arabia1 as the ,wall ,street ,journal recently reported1 spent #bgj1jjj at the ,trump ,hotel in ,washington1 ,,dc1 as part of a lobbying effort to roll back legislation that allows family members of #i_/aa attack victims to sue the ,saudi government4 7,c7 ,during the transition1 ,jared ,kushner1 the ,president's son-in-law and ,white ,house senior adviser1 met with ,sergey ,n4 ,gorkov1 chief of ,vnesheconombank 7,,veb71 in what the ,white ,house described as part of routine diplomatic encounters4 ,gorkov's bank has been used as a frequent cover for ,russian intelligence service operatives1 and ,gorkov indicated that he met with ,kushner in ,kushner's capacity as the chief executive of ,kushner ,companies4 7,d7 ,in ,february1 in its first major real estate transaction after ,trump's inauguration1 the ,trump ,organization sold a #ae1hjj1jjj penthouse apartment in ,trump ,tower to ,chinese-,american business executive ,xiao ,yan ,chen1 who has been directly linked to a front group for ,chinese military intelligence through the misleadingly innocuous-sounding ,china ,arts ,foundation4 7b7 ,sense of ,congress ,it is the sense of ,congress that-- 7#a7 ,president ,trump's foreign interests and his unwillingness to divest his holdings creates a possibility of foreign corruption1 exactly the purpose of the emoluments clause2 7#b7 foreign governments appear to be calculating that directing money and favorable treatment toward projects1 properties1 and interests affiliated with ,president ,trump and ,jared ,kushner is an easy way to secure foreign policy gains2 and 7#c7 ,president ,trump's foreign entanglements1 to the extent they enhance possibility of foreign corruption1 constitute a national security challenge to the ,united ,states4 7c7 ,collection and assessment of intelligence regarding foreign powers influence relating to financial interests of covered persons 7#a7 ,in general ,pursuant to title ,v of the ,national ,security ,act of #aidg1 the intelligence community is authorized to collect and1 as appropriate1 disseminate intelligence regarding efforts by a foreign power to influence1 or to take any actions as a result of1 a financial interest of a covered person4 ,such actions include1 but are not limited to1 the following3 7,a7 ,granting favorable treatment to a covered business or organization as a means to curry favor with the administration4 7,b7 ,granting of trademarks or other benefits to members of the ,president's family4 7,c7 ,giving a covered business or organization favorable regulatory or other preferential treatment4 7,d7 ,renting or buying properties owned or operated by a covered business or organization4 7,e7 ,investing in concerns operated by a covered business or organization4 7,f7 ,lending money to or otherwise facilitating financial transactions on behalf of a covered business or organization4 7#b7 ,intelligence assessments ,not later than #cj days after receipt of intelligence1 the ,director of ,national ,intelligence shall assess whether a foreign power is attempting to influence1 or to take any actions as a result of1 a financial interest of a covered person4 7#c7 ,congressional notification requirements 7,a7 ,notification of intelligence assessments ,not later than #aj days after making an assessment under paragraph 7#b71 the ,director of ,national ,intelligence shall submit to the congressional intelligence committees a report on the assessment made1 including the specific intelligence upon which the assessment is based4 7,b7 ,notice of previously collected intelligence ,the ,director of ,national ,intelligence shall make available to the congressional intelligence committees any intelligence obtained during the period beginning on ,january #ai1 #bjag1 and ending on the date of the enactment of this ,act1 indicating that a foreign power or foreign interest provided to a covered business or organization favorable regulatory or other preferential treatment or provided an emolument as a means to curry favor4 7#d7 ,deadline for implementing guidelines ,not later than #cj days after the date of the enactment of this ,act1 the ,director of ,national ,intelligence shall issue guidelines to the intelligence community regarding the collection of intelligence described in this subsection4 7#e7 ,definitions ,in this subsection3 7,a7 ,the term covered person means-- 7i7 the ,president2 7ii7 the ,vice ,president2 7iii7 a child of the ,president or ,vice ,president2 or 7iv7 a close relative of the ,president or ,vice ,president1 including an in-law4 7,b7 ,the term covered business or organization means-- 7i7 the ,trump ,organization2 or 7ii7 an organization or business controlled by or associated 7including known shell companies7 with a covered person1 any member of the ,president's family1 or any close associate of the ,president4 7,c7 ,the term financial interest means a financial interest of the ,president1 the ,vice ,president1 the spouse of the ,president or ,vice ,president1 or a minor child of the ,president or ,vice ,president1 as applicable1 that-- 7i7 would constitute a financial interest described in subsection 7a7 of section #bjh of title #ah1 ,united ,states ,code-- 7,i7 if-- 7aa7 for purposes of such section #bjh1 the terms officer and employee included the ,president and the ,vice ,president2 and 7bb7 the ,president or ,vice ,president1 as applicable1 participated as described in subsection 7a7 of such section #bjh in relation to such financial interest2 and 7,,ii7 determined without regard to any exception under subsection 7b7 of such section #bjh2 or 7ii7 may constitute a present1 emolument1 office1 or title1 of any kind whatever1 from any king1 prince1 or foreign state 7including from an entity owned or controlled by a foreign government71 within the meaning of article ,i1 section #i of the ,constitution of the ,united ,states4 7,d7 ,the term intelligence community has the meaning given such term in section #c7d7 of the ,national ,security ,act of #aidg 7 #ej ,u4,s4,c4 #cjjc74