A bipartisan bill supported by Reps. James Comer and Katie Porter would compel presidents to offer years of tax filings and force family members to be similarly transparent about their finances.
An unlikely bipartisan duo is pushing a bill that would require U.S. presidents and their close relatives to disclose their finances for years before and after holding office. House Oversight Committee Chairman James Comer, a Republican from Kentucky, and Rep. Katie Porter, a California Democrat also on the committee, are collaborating on a bill that would require presidents to provide tax filings from two years before their election through two years after they leave office.
The WSJ reports that the proposed bill, which is set to be introduced on Wednesday, will also require the president, his family and close associates to disclose any large financial gift received, including payments from foreign entities. "This bill is very evenhanded in trying to cover a range of situations that have applied to recent presidents," Porter told the outlet.
Presidents' finances have become the target of intense scrutiny in the past few years as Republicans and Democrats have traded accusations about abuse of office for personal gain. President Biden and his son Hunter Biden have been accused by Republicans of engaging in influence peddling with overseas actors. Democrats previously accused former President Trump of failing to properly separate his business interests from his role as commander in chief.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As GOP demands Biden/Hur audio, James Comer gives away the gameSteve Benen is a producer for 'The Rachel Maddow Show,' the editor of MaddowBlog and an MSNBC political contributor. He's also the bestselling author of 'The Impostors: How Republicans Quit Governing and Seized American Politics.'
Read more »
James Comer announces subpoena of Biden family financial transactions: 'Records don't lie'The representative noted on social media he expects to find evidence the Bidens engaged in deals with enemy nations.
Read more »
Virginia Foxx, James Comer ask why George Washington University hasn't cleared pro-Palestinian tentsA pair of House Republicans are questioning why the D.C. Metro Police Department refuses to clear out the pro-Palestinian encampments on the George Washington University campus.
Read more »
Bronny James is ready to be himself, but the NBA still sees LeBron James Jr.Scouts and executives see Bronny James as a viable NBA player and confirm he could be leverage to force the Lakers into a trade to unite him with his father.
Read more »
Lakers News: LeBron James, Rob Pelinka Take in Bronny James' NBA Combine ScrimmageThe L.A. duo was in the Windy City this week.
Read more »
Could Dallas Mavericks Draft Bronny James, Sign Lakers' LeBron James in Free Agency?The Mavericks could target Bronny James in the 2024 NBA Draft to try and sign LeBron James this offseason
Read more »