Bipartisan Bill Seeks Stricter Ethics Rules for Presidents and Vice Presidents

The proposed legislation mandates comprehensive financial disclosures to curb influence peddling and enhance transparency.

The Presidential Ethics Reform Act requires presidents and vice presidents to disclose foreign payments, loans, and gifts.
The bill mandates tax return disclosures for two years before, during, and after their terms in office.
The legislation aims to prevent first families from profiting from their proximity to power.
The White House maintains that President Biden has already implemented strict ethical standards.
The bill is a rare bipartisan effort, co-sponsored by Rep. James Comer and Rep. Katie Porter.