Summary
The presidency of President Donald Trump showed that current rules are not enough to stop misuse of power by the executive branch. Experts suggest new laws that would stop presidents from owning certain types of companies, require tax transparency, and limit the use of executive orders.
Key Facts
- New reforms are needed to prevent abuse of power by presidents.
- Existing laws from the post-Watergate era have weakened over time.
- Proposed rules include banning presidents from owning public companies.
- Presidents would also be banned from owning communication platforms.
- Ownership stakes in cryptocurrency-related companies would be prohibited.
- Presidents would be required to publicly share their tax returns.
- The use of executive orders by presidents could be limited by new laws.
