,i #aafth ,,congress #ast ,session ,h4 ,r4 #bjbg ,,in ,,the ,,house ,,of ,,representatives ,april #b1 #bjai,mr4 ,espaillat introduced the following bill2 which was referred to the ,committee on ,oversight and ,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#e ,u4,s4,c4 ,app4 #aja et seq47 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