To amend title 5, United States Code, to prohibit the President, Vice President, Members of Congress, and other senior Executive branch personnel from accepting any foreign emoluments, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend title 5, United States Code, to prohibit the President, Vice President, Members of Congress, and other senior Executive branch personnel from accepting any foreign emoluments, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Criminal Justice, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H76DD3C2DF8774D93B1E490A08F667890: 1. Short title This Act may be cited as the No Foreign Emoluments Without Congressional Consent Act.
- Section HA08E1460947F4CC3AA86D58C10DFE760: 2. Prohibiting senior Federal officials from accepting foreign payments Subchapter IV of chapter 73 of title 5, United States Code, is amended by adding after...
- Section H58B566913DD842A39B64A8845AF5A283: 7343. Prohibiting senior Federal officials from accepting foreign payments It shall be unlawful for any senior Federal official to receive, accept, or retain a...
- Section H1D5DC1D0B17542A1B0D48FB398A0C6E8: 7344. Congressional review of request to receive, accept, and retain foreign payment A senior Federal official may not receive, accept, or retain a foreign...
- Section HF538D67EB80F4750AB4B620144D983CF: 7345. Penalties The Attorney General may bring a civil action against a senior Federal official in an appropriate United States district court for a violation...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend title 5, United States Code, to prohibit the President, Vice President, Members of Congress, and other senior Executive branch personnel from accepting any foreign emoluments, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Criminal Justice, Government Operations
Primary Purpose
This bill, To amend title 5, United States Code, to prohibit the President, Vice President, Members of Congress, and other senior Executive branch personnel from accepting any foreign emoluments, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Raskin (for himself, Ms. Ocasio-Cortez, Mr. Connolly, Mr. Khanna, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
only a concurrent resolution— introduced during the period beginning on the date Congress receives notice from the Director under section 7343(b)(2) and ending on the date that is 90 days thereafter
the Director of the Office of Government Ethics
only a concurrent resolution— introduced during the period beginning on the date Congress receives notice from the Director under section 7343(b)(2) and ending on the date that is 90 days thereafter
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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