Presidential Conflicts Of Interest Act
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Presidential Conflicts Of Interest Act
The Presidential Conflicts of Interest Act of 2017 is a bill introduced by Democratic Senator Elizabeth Warren to the United States Senate on January 9, 2017, during the 1st session of the 115th United States Congress The 115th United States Congress was a meeting of the legislative branch of the United States of America federal government, composed of the United States Senate, Senate and the United States House of Representatives, House of Representatives. .... The bill's long title is A Bill to Address Financial Conflicts of Interest of the President and Vice President. The associated bill before the United States House of Representatives is HR 371, introduced by Representative Katherine Clark. In December 2016, Warren announced her intention to introduce the bill to address perceived conflicts of interest held by president-elect Donald Trump. The bill would require, if passed, the President and Vice President, as well as their spouses, to divest of conflicting ass ...
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Elizabeth Warren
Elizabeth Ann Warren ( née Herring; born June 22, 1949) is an American politician and former law professor who is the senior United States senator from Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a progressive, Warren has focused on consumer protection, equitable economic opportunity, and the social safety net while in the Senate. Warren was a candidate in the 2020 Democratic Party presidential primaries, ultimately finishing third. Born and raised in Oklahoma, Warren is a graduate of the University of Houston and Rutgers Law School and has taught law at several universities, including the University of Houston, the University of Texas at Austin, the University of Pennsylvania, and Harvard University. She was one of the most influential professors in commercial and bankruptcy law before beginning her political career. Warren has written 12 books and more than 100 articles. Warren's first foray into public policy began in 1995, ...
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United States Senate
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers o ...
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115th United States Congress
The 115th United States Congress was a meeting of the legislative branch of the United States of America federal government, composed of the United States Senate, Senate and the United States House of Representatives, House of Representatives. It met in Washington, D.C., from January 3, 2017, to January 3, 2019, during the final weeks of Presidency of Barack Obama, Barack Obama's presidency and the first two years of Presidency of Donald Trump, Donald Trump's presidency. The seats in the House were United States congressional apportionment, apportioned based on the 2010 United States Census., §3(b), and The Republican Party (United States), Republican Party retained their majorities in both the House and the Senate, and with Donald Trump being sworn in as U.S. President, President on January 20, 2017, this gave the Republicans an overall federal government government trifecta#United States, trifecta for the first time since the 109th United States Congress, 109th Congress in 2 ...
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United States House Of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the Lower house, lower chamber of the United States Congress, with the United States Senate, Senate being the Upper house, upper chamber. Together they comprise the national Bicameralism, bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member List of United States congressional districts, congressional districts allocated to each U.S. state, state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after ...
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Katherine Clark
Katherine Marlea Clark (born July 17, 1963) is an American politician who has served as the U.S. Representative for Massachusetts's 5th congressional district since 2013. She has been Assistant House Democratic Leader (officially Assistant Speaker) since 2021, making her the fourth-highest-ranking House Democrat, and has been elected minority whip for the session starting in 2023. Her district includes many of Boston's northern and western suburbs, such as Medford, Framingham, Woburn, Waltham and her home city of Revere. Clark was a member of the Massachusetts House of Representatives from 2008 to 2011 and Massachusetts Senate from 2011 to 2013. Born in Connecticut, Clark worked as an attorney in several states, before moving to Massachusetts in 1995, where she worked in state government. She joined the Melrose School Committee in 2002, becoming committee chair in 2005. She was first elected to the state legislature in 2008, and contributed to legislation regarding criminal ...
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Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ...
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Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series ''The Apprentice (American TV series), The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Repu ...
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The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The newspaper was controlled by Tony O'Reilly's Irish Independent News & Media from 1997 until it was sold to the Russian oligarch and former KGB Officer Alexander Lebedev in 2010. In 2017, Sultan Muhammad Abuljadayel bought a 30% stake in it. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. The website and mobile app had a combined monthly reach of 19,826,000 in 2021. History 1986 to 1990 Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330 It was produc ...
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Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and 'Reblogging, retweet' tweets, while unregistered users only have the ability to read public tweets. Users interact with Twitter through browser or mobile Frontend and backend, frontend software, or programmatically via its APIs. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams in March 2006 and launched in July of that year. Twitter, Inc. is based in San Francisco, California and has more than 25 offices around the world. , more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion Web search query, search queries per day. In 2013, it was one of the ten List of most popular websites, most-visited websites and has been de ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. Article II of the Constitution establ ...
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Vice President Of The United States
The vice president of the United States (VPOTUS) is the second-highest officer in the executive branch of the U.S. federal government, after the president of the United States, and ranks first in the presidential line of succession. The vice president is also an officer in the legislative branch, as the president of the Senate. In this capacity, the vice president is empowered to preside over Senate deliberations at any time, but may not vote except to cast a tie-breaking vote. The vice president is indirectly elected together with the president to a four-year term of office by the people of the United States through the Electoral College. The modern vice presidency is a position of significant power and is widely seen as an integral part of a president's administration. While the exact nature of the role varies in each administration, most modern vice presidents serve as a key presidential advisor, governing partner, and representative of the president. The vice president ...
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Blind Trust
A blind trust is a trust in which the trust beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling. In a blind trust, the trustees (fiduciaries, or those who have been given power of attorney) have full discretion over the assets. Blind trusts are generally used when a trust creator (sometimes called a settlor, trustor, grantor, or donor) wishes for the beneficiary to be unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Politicians, or others in sensitive positions (such as journalists and religious leaders) often place their personal assets (including investment income) into blind trusts, to avoid public scrutiny and accusations of conflicts of interest when they direct government funds to the private sector. Use by US government officials to avoid conflicts of interest The US federal government recognizes the "qualified blind trust" (QBT), as defin ...
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