Limitation on Presidential activities

The President may not create a business, operate a business, serve on a board of directors of any business, or be part of any day-to-day operations of a business while in office. If an immediate family member of the President engages in any conduct prohibited on the part of the President in this section, that immediate family member shall submit quarterly reports to Congress and publish a certification that their conduct is not enriching or benefitting the sitting President of the United States. If the President creates, operates, or serves on a board of directors of any business, any income the President earns from such creation, operation, or service shall be subject to a tax of 100 percent.