,i #aafth ,,congress #ast ,session ,h4 ,r4 #dded ,,in ,,the ,,house ,,of ,,representatives ,september #bj1 #bjai,mr4 ,schiff introduced the following bill2 which was referred to the ,committee on ,oversight and ,reform ,a ,,bill ,to disclose the use of ,federal funds with any privately held company owned by the ,president1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,disclosing ,official ,spending at ,presidential ,businesses ,act4 #b4 ,disclosure of expenditure of ,federal funds at businesses owned by the ,president 7a7 ,in general ,the head of each ,executive agency shall submit a quarterly report to the ,director of the ,office of ,government ,ethics listing each instance1 during the most recently ended quarter1 that the ,executive agency obligated or expended ,federal funds with any privately held company that is owned1 either in whole or in part1 directly or indirectly1 including through trusts1 by the ,president4 ,with respect to each such instance1 the report shall include-- 7#a7 the amount of the obligation or expenditure2 and 7#b7 the name of the company4 7b7 ,publication ,not later than #aj days after receiving a report under subsection 7a71 the ,director shall publish the report on the ,office's public internet website4 7c7 ,definition of ,executive agency ,in this section1 the term ,executive agency has the meaning given that term in section #aje of title #e1 ,united ,states ,code1 and includes the ,united ,states ,postal ,service1 the ,postal ,regulatory ,commission1 the ,white ,house1 and the ,executive ,office of the ,president4