Congress makes the following findings:
(1)
The United States Government directing business to a property owned by the President of the United States constitutes a profound financial conflict of interest.
(2)
The delegates to the Constitutional Convention included the emoluments clause to the United States Constitution (Article I, Section 9, Clause 8) to guard against the corrupting influence of United States officeholders profiting from gifts from foreign governments.
(3)
Many experts agree that a plain reading of the emoluments clause prohibits the President from directing business from a foreign state to a property owned by him.