No Foreign Emoluments Without Congressional Consent Act

This bill prohibits senior federal officials - including the President, Vice President, Cabinet members, top White House staff, and Members of Congress - from accepting any foreign payment (such as from foreign governments or entities controlled by them) without first obtaining congressional approval. Officials must disclose proposed payments to the Office of Government Ethics, triggering a 90-day congressional review period with strict deadlines for approval. Violations carry civil penalties up to $5,000 more than the payment’s value, criminal fines up to $50,000, or imprisonment for up to one year, plus mandatory forfeiture of the payment. The law also requires post-employment disclosures for two years after leaving office and mandates annual financial disclosures for officials with business interests that might generate foreign payments.