H.R. 2440: Presidential Disclosure of Foreign Business Transactions Act

115th Congress · introduced 2017-05-16 · Government Operations and Politics · Latest: Referred to the House Committee on Oversight and Government Reform.

federal

Follow this bill, step by step

Where it came from: introduced 2017-05-16 · official record
Who proposed it: Rep. Raskin, Jamie [D-MD-8] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Oversight and Government Reform. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Presidential Disclosure of Foreign Business Transactions Act

Plain summary

Presidential Disclosure of Foreign Business Transactions Act This bill directs the President: (1) within 90 days after first assuming office, to submit to the Department of the Treasury an initial report detailing any private business transaction with a foreign government conducted by the President during the previous 10 years; and (2) each month thereafter, to submit a report detailing any private business transaction between businesses affiliated with the President and foreign governments during that month. A "business transaction" is defined as any transaction of more than $10,000 in relation to any private businesses or investments listed in the President's financial disclosure reports, including any report submitted pursuant to the Ethics in Government Act of 1978. Such reports shall be made available on Treasury's public website. A violation of this bill shall constitute a high crime and misdemeanor for purposes of the Constitution's impeachment provision.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

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What does this mean? (plain words)

Official text

Presidential Disclosure of Foreign Business Transactions Act

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Raskin, Jamie [D-MD-8] · 7 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Pramila Jayapal (D-WA), Nanette Diaz Barragán (D-CA), Henry C. "Hank" Johnson, Jr. (D-GA), Nydia M. Velázquez (D-NY)

Sponsor's campaign money: Rep. Raskin, Jamie [D-MD-8] reported raising $9.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

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Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr2440.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>

Record fed-us-cong115-hr2440 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115