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Ban Presidential Plunder of Taxpayer Funds Act

This bill prevents sitting Presidents, Vice Presidents, and their families from receiving settlement payments or damages from the U.S. government. It aims to protect taxpayer funds by ensuring high-ranking officials cannot profit from legal claims against the state while in power.
Key points
Prohibits the President, Vice President, and their families from receiving money through legal settlements with the government.
Establishes strict penalties for violations, including up to 5 years in prison and fines up to $1 million.
Requires all related court proceedings and documents to be made public and accessible online for free.
Limits court-ordered payments to actual losses only, banning additional punitive damages against the government.
Sets up independent oversight and transparency rules for claims made after officials leave office.
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Status:
Introduced
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Additional Information
Ban Presidential Plunder of Taxpayer Funds Act
Print number: S 4299
Sponsor: Sen. Warren, Elizabeth [D-MA]
Process start date: 2026-04-15