This bill would seek to prevent corruption in banking applications and would prohibit Presidents from owning or controlling banks. It was introduced in the United States Senate on September 14, 2026, read twice, and referred to the Committee on Banking, Housing, and Urban Affairs. Sponsors listed in the bill metadata include Elizabeth Warren, John Reed, Chris Van Hollen, Christopher Murphy, Bernie Sanders, Richard Blumenthal, Andy Kim, Angela Alsobrooks, Ruben Gallego, Lisa Blunt Rochester, Tammy Duckworth, Mazie Hirono, Christopher Coons, and Mark Kelly. No full text or detailed provisions are publicly available in the provided material.
If this bill becomes law, the president would not be allowed to own or control a bank, and the bill aims to reduce corruption related to banking applications. Specific changes for bank customers, bank employees, or the wider public are not described in the provided material.
No publicly available information.
Sponsors are listed in the bill metadata. No publicly available information about their stated arguments or detailed goals beyond the bill title and referral.
No publicly available information.