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Congress·In Committee·3 months ago

Congress Proposes Bill Requiring Presidents to Pay for Private Business Travel and Ban Side Jobs

Also known as: Stop Padding Presidential Pockets Act

Legislative Progress

✓ Filed
Review
House
Senate
President

Key Points

  • If the President or Vice President travels for their own private business interests, they would have to pay the government back for the costs. This includes paying for Secret Service protection and any other government money spent to support that specific trip.
  • The bill would ban the President from starting or running a business or serving on a board of directors while they are in office. If the President does make money from a business, that income would be taxed at 100%, meaning all the profit goes to the government.
  • Family members of the President who run businesses would have to send reports to Congress every three months. They would need to officially certify that their business work is not giving any financial benefit to the President.
  • The President and Vice President would be forbidden from asking for donations for their future presidential libraries or museums while still serving in office. Any private groups working on these libraries would have to report their finances or pay a $1,000 fine for every day they are late.
  • This plan would also stop a sitting President or Vice President from suing the government for certain legal claims. This rule would apply to lawsuits that are already happening and any new ones started after the law passes.
EconomyTaxesCriminal Justice

Milestones

2 milestones2 actions
Dec 17, 2025House

Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Dec 17, 2025

Introduced in House

Related News

3 articles
Insider NJ·3 months ago

Watson Coleman Introduces Legislation to Curb Profiteering by President

Rep. Bonnie Watson Coleman introduced the Stop Padding Presidential Pockets Act (H.R. 6831) to curb profiteering. The bill requires reimbursement for Secret Service costs on business travel, bans in-office library solicitations, and mandates blind trusts for presidential business holdings.

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Forbes·6 months ago

Presidency Boosts Trump’s Net Worth By $3 Billion In A Year

Donald Trump’s net worth reached a record $7.3 billion in 2025, a $3 billion gain driven by crypto ventures and foreign real estate deals. Forbes reports that while he lost money in his first term, he has found a formula for profiting off politics during his return to the White House.

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WFIR News·5 months ago

Trump's net worth jumps $3 billion while in office, raising ethical questions

Political scientists warn that Trump's unprecedented financial growth while serving as president raises serious constitutional questions under the Emoluments Clause. The report notes emerging congressional responses to target his current financial arrangements with foreign entities.

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Source Information

Document Type

Congressional Bill

Official Title

Stop Padding Presidential Pockets Act

Bill NumberHR 6831
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsor

Cosponsors

(3)
D: 3

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.