Panel convened under this subparagraph. (C) Prohibiting engagement with other business or employment during service A member of the Commission shall not engage in any other business, vocation, or employment. Any individual who is engaging in any other business, vocation, or employment at the time of his or her appointment to the Commission shall terminate or liquidate such activity no later than 90 days after such appointment. . 3. Assignment of Powers to Chair of Federal Election Commission (a) Appointment of Chair by President (1) In general Section 306(a)(5) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30106(a)(5) ) is amended to read as follows: (5) Chair (A) Initial appointment Of the members first appointed to serve terms that begin in January 2020, one such member (as designated by the President at the time the President submits nominations to the Senate) shall serve as Chair of the Commission. (B) Subsequent appointments Any individual who is appointed to succeed the Member who serves as Chair of the Commission for the term beginning in January 2020 (as well as any individual who is appointed to fill a vacancy if such Member does not serve a full term as Chair) shall serve as Chair of the Commission. (C) Vice Chair The Commission shall select, by majority vote of its members, one of its members to serve as Vice Chair, who shall act as Chair in the absence or disability of the Chair or in the event of a vacancy in the position of Chair. . (2) Conforming amendment Section 309(a)(2) of such Act ( 52 U.S.C. 30109(a)(2) ) is amended by striking through its chairman or vice chairman and inserting through the Chair . (b) Powers (1) Assignment of certain powers to Chair Section 307(a) of such Act ( 52 U.S.C. 30107(a) ) is amended to read as follows: (a) Distribution of Powers Between Chair and Commission (1) Powers assigned to Chair (A) Administrative powers The Chair of the Commission shall be the chief administrative officer of the Commission and shall have the authority to administer the