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All the presidental powers outlined in the OTL constitution goes the King.
The King can legally rule for life, however every 4 years the people vote on whether they "aprove" or "disaprove" of the current King. If the majority "disaprove" the current King must step down and a new king is elected.
Congress can, at any time, have a vote of no confidence, which must pass both houses with a 3/4 majority.
Once a king is removed from power, he can not run agian.
The Kings are treated with the same pomp and ceremony as European monarchs.
Using Washington as an example, the Kings are styled thusly: "His Royal Majesty, George I of the United States, House of Washington."
The King also selects a "Prince" who fills the roll of the Vice President in case of death. However if the king is voted out, the prince can't run agian either.