Presidential Conflicts of Interest Accountability Act

HR 7207 requires the President and Vice President to disclose all financial interests - including those of their spouse and dependent children - within 30 days of taking office, including detailed descriptions and tax returns for the past three years. It mandates divestment of any financial interest posing a conflict of interest by transferring it to a "qualified blind trust," with trustees required to sell assets and either reinvest in conflict-free holdings or return proceeds. The Office of Government Ethics must issue annual reports to Congress evaluating compliance and divestment, while the Attorney General can seek court enforcement for noncompliance. This bill directly affects the President, Vice President, and their immediate family members through new financial transparency and conflict management requirements.