electED.

S. 5389 · 119th Congress — A bill to prevent corruption in banking applications, to prohibit Presidents from owning or controlling banks, and for other purposes.

This bill would prevent corruption in banking applications, to prohibit Presidents from owning or controlling banks, and for other purposes. Right now, the latest action is: Read twice and Sent to the Banking Committee, Housing, and Urban…

Congress
119
Bill
S 5389
Status
Introduced
Introduced
2026-09-14
Latest action date
2026-09-14

Record overview

This bill would prevent corruption in banking applications, to prohibit Presidents from owning or controlling banks, and for other purposes.

The recorded stage is committee referral: the named committee or committees consider the parts within their jurisdiction. Referral alone does not mean the measure has passed Congress or become law.

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Record provenance

Stored record updated: 2026-09-16. This is separate from the action date and does not establish enactment.

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Sources