Sponsors (5)
The bill increases ethics, transparency, and (short-term) taxpayer savings by restricting presidential business activities, imposing reporting requirements, and recovering protective costs — but it does so at the expense of added burdens on officials and nonprofits, reduced legal remedies and candidate flexibility, potential litigation and tax-administration complications, and possible risks to protective operations and national security.
Future Presidents (and the presidency overall) would be barred from running or profiting from private businesses while in office, and immediate-family financial ties would face regular disclosure, increasing ethical impartiality and transparency at the top of government.
Taxpayers would pay less for protective travel when covered individuals travel for private business because those individuals must reimburse the Treasury for Secret Service protection and related government costs, reducing fiscal burdens on agencies and taxpayers.
Stricter rules and required annual reporting around presidential library and museum fundraising increase transparency and oversight, which can reduce conflicts of interest and corruption risks tied to those fundraising activities.
Conditioning reimbursement or limiting protective coverage for private travel could discourage or complicate necessary Secret Service operations and decision-making, creating potential national security and personal-safety risks.
Amending FTCA protections removes or narrows judicial remedies for people with claims against the government if a claimant becomes President or Vice President, reducing access to compensation and weakening accountability for government-caused harms.
Protected individuals (including senior officials) could face substantial out-of-pocket bills and legal disputes over what travel counts as advancing private business, creating fairness, enforcement, and litigation risks for those individuals and the government.
Based on analysis of 5 sections of legislative text.
Limits presidential business activity and fundraising, requires Secret Service cost reimbursement, bars certain FTCA suits, adds library reporting, and imposes taxes/fines.
Introduced December 17, 2025 by Bonnie Watson Coleman · Last progress December 17, 2025
Requires people protected by the U.S. Secret Service (including the President and Vice President) to reimburse the Treasury for protection and related government costs when their travel furthers the business interests of entities that benefit them. Bars Federal Tort Claims Act lawsuits by current or future Presidents or Vice Presidents, restricts fundraising and reporting for presidential libraries, and stops the President from creating, running, or serving on businesses while in office, with reporting rules for immediate family and a 100% tax on prohibited presidential business income.