,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #geha  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ac1 #bjbj ,mr4
 ,cicilline introduced the following    
bill2 which was referred to the         
,committee on ,oversight and ,reform  ,a
 ,,bill  ,to require certain officers   
and employees in the executive branch of
 the ,federal ,government to divest     
certain financial interests1 and for    
other purposes4  #a4 ,divestiture of    
certain financial interests of ,federal 
officers and employees and spouses  7a7 
,definitions ,in this ,act-- 7#a7 the   
term covered significant business       
interest--  7,a7 means any financial    
interest of a covered officer or        
employee in a corporation1 company1     
association1 firm1 partnership1         
proprietorship1 or any other business   
entity of which the covered officer or  
employee is-- 7i7 a trustee2  7ii7 a    
partner2  7iii7 an officer2  7iv7 a     
director2 or  7v7 a shareholder who     
holds more than #aj percent of any class

 of equity securities2 and  7,b7 does   
not include any financial interest      
consisting of obligations issued by the 
,treasury1 diversified mutual funds that
 qualify for a regulatory exemption1 or 
residential property that is not held   
for the production of rental or other   
income2  7#b7 the terms conflict-free   
holding and qualified blind trust have  
the meanings given those terms in       
sections #ajb7;f77#c7 and #ajb7;f77#h71 
respectively1 of the ,ethics in         
,government ,act of #aigh 7#e ,u4,s4,c4 
,app472 and  7#c7 the term covered      
officer or employee means-- 7,a7 any    
individual occupying a position--  7i7  
listed under the ,executive ,schedule   
7subchapter ,,ii of chapter #ec of title
 #e1 ,united ,states ,code72  7ii7 in   
the ,senior ,executive ,service as a    
noncareer appointee 7as that term is    
defined in section #cacb7;a7 if such    
title72  7iii7 of a confidential or     
policy-determining character under      
schedule ,c of subpart ,c of part #bac  

of title #e1 ,code of ,federal          
,regulations2 or  7iv7 in the executive 
branch whose appointment is made by the 
,president1 by and with the advice and  
consent of the ,senate2 and  7,b7 any   
individual occupying any of the         
following positions3 7i7 ,assistant to  
the ,president for ,national ,security  
,affairs4  7ii7 ,assistant to the       
,president and ,chief of ,staff4  7iii7 
,assistant to the ,president and ,deputy
 ,chief of ,staff4  7iv7 ,assistant to  
the ,president and ,deputy ,chief of    
,staff for ,communications 7or ,director
 of ,communications74  7v7 ,assistant to
 the ,president and ,press ,secretary4  
7vi7 ,senior ,advisor to the ,president4
  7vii7 ,assistant to the ,president and
 ,staff ,secretary4  7viii7 ,assistant  
to the ,president for ,homeland         
,security and ,counterterrorism4  7ix7  
,assistant to the ,president and        
,counselor to the ,president4  7x7      
,director of the ,national ,economic    
,council4  7xi7 ,director of the        

,domestic ,policy ,council4  7xii7      
,assistant to the ,president and ,chief 
of ,staff or ,deputy ,chief of ,staff to
 the ,vice ,president4  7xiii7 ,special 
,assistant to the ,president and        
,director of ,communications for the    
,vice ,president4  7xiv7 ,press         
,secretary to the ,vice ,president4     
7xv7 ,senior ,advisor to the ,vice      
,president4  7xvi7 ,deputy ,assistant to
 the ,president and ,national ,security 
,advisor or ,deputy ,national ,security 
,advisor to the ,vice ,president4       
7xvii7 ,deputy ,assistant to the        
,president and ,counselor to the ,vice  
,president4  7xviii7 ,assistant to the  
,president and ,white ,house ,counsel4  
7b7 ,divestiture of covered significant 
business interest  7#a7 ,in general ,a  
covered officer or employee or the      
spouse of any such officer or employee  
shall divest of any covered significant 
business interest by transferring such  
interest to a qualified blind trust4    
7#b7 ,trustee duties ,within a          

reasonable period of time after the date
 a covered significant business interest
 is transferred to a qualified blind    
trust under paragraph 7#a71 the trustee 
of the qualified blind trust shall--    
7,a7 sell the interest2 and  7,b7 use   
the proceeds of the sale of the interest
 to purchase conflict-free holdings4    
7c7 ,enforcement ,the ,attorney         
,general1 the attorney general of any   
,state1 or any person aggrieved by any  
violation of subsection 7b7 may seek    
declaratory or injunctive relief in a   
court of competent jurisdiction if there
 is probable cause to believe that a    
covered officer or employee or the      
spouse of such an officer or employee   
has not complied with such subsection4