H.R. 6340 · 114th Congress

Presidential Accountability Act

Stage
In committee
Introduced
2016-11-17
Latest action
2016-12-05 · Referred to the Subcommittee on the Constitution and Civil Justice.

Summary

Presidential Accountability Act

This bill amends the federal criminal code to make it a crime for the President or Vice President to personally and substantially participate in official matters that affect their financial interests, unless the financial interests are held in a blind trust or the President or Vice President discloses the financial interests and receives an exemption.

It imposes criminal penalties—a prison term, a fine, or both—on a President or Vice President who commits the offense. It also authorizes civil penalties and injunctions.

Additionally, a violation constitutes a high crime and misdemeanor (i.e., grounds for impeachment) under Article II, Section 4 of the U.S. Constitution.

Finally, the bill prohibits the President or Vice President from entering into contracts with the U.S. government.