Bill > HR6831

This bill, titled the "Stop Padding Presidential Pockets Act," aims to prevent the personal enrichment of the President and their family through official duties and business dealings. It mandates that individuals protected by the U.S. Secret Service, such as the President, must reimburse the government for the costs of their protection and any other government expenses incurred when traveling for the business interests of an entity owned or controlled by the President, or from which the President receives financial benefit. The bill also introduces exceptions to the Federal Tort Claims Act, preventing the President, Vice President, or individuals who later hold these offices from suing the government for certain claims. Furthermore, it prohibits a sitting President from soliciting donations for a presidential library or museum while in office and requires annual reports on interactions related to such institutions from both the President and private entities involved. Finally, the bill restricts the President from creating, operating, or serving on the board of any business while in office, and any income derived from such activities would be taxed at 100 percent; if an immediate family member engages in prohibited business conduct, they must submit quarterly reports to Congress and certify that the President is not benefiting.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/6831/all-info