Fix a prime $p$, and suppose that $p>2$ for simplicity, although many things should also work for $p=2$. Let $F$ be the usual formal group law defined over $MU_*$, and let $I_\infty$ be the ideal in $MU_*$ generated by the coefficients of $[p]_F(x)$. Thus $MU_*/I_\infty$ is the universal example of a ring equipped with an FGL for which the $p$-series is zero, and it is known that any such FGL is isomorphic to the additive FGL.
My question: is $MU/I_\infty$ an $E_\infty$ ring spectrum, or an $E_\infty$ algebra over $MU$ or over $\mathbb{F}_p\otimes MU$?
Here are two possible versions that are more detailed.
First, $I_\infty$ can be generated by a regular sequence, so a standard result shows that there is an essentially unique object $MU/I_\infty\in\operatorname{CAlg}(\operatorname{Ho}(\operatorname{Mod}_{MU}))$ with $\pi_*(MU/I_{\infty})=MU_*/I_\infty$. Work of Angeltveit shows that this admits an $A_\infty$ structure, so it can be promoted to an object in $\operatorname{Ho}(\operatorname{Alg}_{MU})$ for which the product is commutative up to homotopy. The question is whether we can promote it further to $\operatorname{Ho}(\operatorname{CAlg}_{MU})$.
Alternatively, we can take the ring $R=\mathbb{F}_p\otimes MU$ (which means the smash product of $MU$ with the mod $p$ Eilenberg-MacLane spectrum) as the ground ring instead of $MU$. This is an $E_\infty$ algebra over $MU\otimes MU$ whose underlying $(MU\otimes MU)$-module can be identified with $BP\otimes MU/I_\infty$. (This follows easily from the fact that $I_\infty$ is an invariant ideal with $BP/I_\infty=\mathbb{F}_p$.) One can check that there is a canonical regular sequence in $H_*(MU;\mathbb{F}_p)=R_*$ generating an ideal $J$ such that the composite $MU_*\to R_*\to R_*/J$ is surjective with kernel $I_\infty$. The same results as mentioned in the previous paragraph give an object $R/J$ in $\operatorname{Ho}(\operatorname{Alg}_R)$ which can also be thought of as a model for $MU/I_\infty$. This perspective makes it clear that the underlying spectrum of any model for $MU/I_\infty$ is a module over $\mathbb{F}_p$, and thus a sum of suspended copies of $\mathbb{F}_p$. An even better solution to my question would be to promote $R/J$ to $\operatorname{Ho}(\operatorname{CAlg}_R)$.
If any of this works then we will get various kinds of power operations related to $MU/I_\infty$, so we should check whether this is algebraically plausible. There is a well-known relationship between power operations and isogenies of formal groups. The spectrum $MU$ is associated with the stack of pairs consisting of a formal group $G$ equipped with a coordinate $x$ on $G$. (This glosses over the difference between connective $MU$ and the periodic version, but I will ignore that issue here.) Any pair $(G,x)$ gives rise to a formal group law $F$, and $[p]_F(t)=0$ iff $p.1_G=0$, so this condition depends only on $G$ and not $x$. Given an isogeny $q\colon G_0\to G_1$ and a coordinate $x_0$ on $G_0$ then there is a norm construction giving a coordinate $x_1=N_q(x_0)$ on $G_1$, which is morally given by $x_1(b)=\prod_{q(a)=b}x_0(a)$. One can check that if $x_0$ is additive then so is $x_1$. Also, as $q$ is an epimorphism, if $p.1_{G_0}=0$ then $p.1_{G_1}=0$. All this is consistent with the existence of the power operations that would arise from constructing $MU/I_\infty$ as an object in $\operatorname{Ho}(\operatorname{CAlg}_R)$, and might even give a construction of such power operations with a bit of extra work. This might even give an $H_\infty$ structure, i.e. a compatible system of maps $(MU/I_\infty)^{\otimes k}_{h\Sigma k}\to MU/I_\infty$ in the homotopy category of spectra. However, methods like this are probably too lax to give an $E_\infty$ structure.