The Emoluments Clause of the Constitution does not bar the President from accepting the Nobel Peace Prize without congressional consent, because the Norwegian Nobel Committee is not a “King, Prince, or foreign State.”
The Foreign Gifts and Decorations Act does not bar the President from accepting the Nobel Peace Prize without congressional consent, because the Norwegian Nobel Committee is not a “unit of a foreign governmental authority,” an “international or multinational organization whose membership is composed of any unit of foreign government,” or an “agent or representative of any such unit or such organization.”