Constituional Amendment

Below is a hypothetical proposed Constitutional Amendment to establish a Fourth Branch of the federal government.

Amendment XXVIII

Section 1. Establishment of the Fourth Branch

The Board of Directors of the National Corporation of the United States of America is hereby established as the Fourth Branch of the Federal Government, with the responsibility of promoting competitive market practices, managing acquisitions of monopolistic companies, administering the National Dividend, and ensuring the economic welfare of the nation.

Section 2. Board of Directors

The Fourth Branch shall consist of a Board of Directors that oversees The National Corporation, which serves as the operational arm with the authority to acquire monopolistic companies, promote fair competition, and implement the National Dividend program.

The election of the Board of Directors shall embody democratic representation and allow for proportional representation of political parties, ensuring broad participation in the governance of the Fourth Branch.

The Board shall be charged with the administration of the National Dividend, which distributes a single non-transferable Share of the National Corporation to every U.S. citizen, by birth or naturalization, empowering them as stakeholders in the nation’s economic success.

The National Dividend shall be maintained through profits garnered from various activities and acquisitions of the National Corporation. Annually, or at such other regular intervals as deemed appropriate by The Board, dividends shall be calculated relative to these profits or surplus funds and distributed equally amongst all Shareholders.

Section 4. Operation and Powers of The Board

In preserving the public trust and averting economic stagnation wrought by monopolistic entities, The Board shall possess the power to acquire companies identified through antitrust inquiries. Such acquisitions shall be executed at fair market values and managed by The Board to encourage competitive markets and stimulate economic success to be shared with all Shareholders.

The Board's budget shall be specifically allocated to empower it to purchase aforementioned companies and to implement and maintain the National Dividend program. The sources for the National Dividend can include profits from The Board’s acquisitions and operations, and potentially other innovative revenue streams designed to benefit public welfare.

Section 5. Oversight and Accountability

The Board shall operate under a system of checks and balances, including term limits for board members, financial auditing procedures, conflict of interest policies, transparency requirements, and mechanisms for recourse or removal of board members if necessary.

Congress shall establish a dedicated committee responsible for the oversight of The Board's actions, including powers of investigation, transparency, and reporting requirements, to maintain accountability and align the Fourth Branch with the public interest.

Section 6. The Federal Reserve

The Board shall have an advisory voice in the nomination and confirmation process of Federal Reserve governors and the Chair and shall possess the power to initiate reviews or investigations regarding any concerns about Federal Reserve members' performance or ethics.

Section 7. The Federal Budget

The Board shall contribute to the federal budget process by providing economic forecasting and analysis, non-binding budgetary recommendations to Congress, and enhancing transparency in the fiscal decision-making process, while respecting existing Congressional and Executive branch responsibilities.

Section 8. Enactment and Implementation

The provisions laid out in this Amendment shall be enacted pursuant to regulations and procedures established by Congress, which shall also have the authority to yield legislation for the further refinement and adjustment of The Board's practices. This encompasses stipulations for the appointment, tenure, and conduct of its members so as to fortify the institutional integrity and to foster unwavering dedication to the betterment of the American polity.

Thus should our Republic grow in stature, bettering the condition of each inhabitant, and spreading the light of liberty to every corner of American society.