Warren, Schumer, Raskin, Min Introduce New Bill to Stop President, VP from Abusing Power to Steal Taxpayer Funds

Skip to primary navigation Skip to content × Close Mobile Nav About About Elizabeth Committee Assignments About Massachusetts Voting Record Contact Share Your Opinion Help with a Federal Agency Office Locations Send me Updates Share Your CFPB Story Save Our Schools Services Help with a Federal Agency Return to Repayment Guide Visiting DC/Tours Flag Request Internships Meeting Requests Academy Nominations Special Recognitions Grants Small Businesses Veterans, Servicemembers and Military Families FY2027 National Defense Authorization Act Requests FY 2027 Appropriations Requests Oversight Reports Letters Social Security War Room Save Our Schools Campaign Legislation Newsroom News Coverage Press Releases Op-Eds Videos × Close Site Search search Elizabeth Warren Senator Elizabeth Warren's Facebook Page (This link opens in new window or tab.) Senator Elizabeth Warren's BlueSky (This link opens in new window or tab.) Senator Elizabeth Warren's Twitter (This link opens in new window or tab.) Senator Elizabeth Warren's Youtube (This link opens in new window or tab.) Senator Elizabeth Warren's Instagram (This link opens in new window or tab.) About About Elizabeth Committee Assignments About Massachusetts Voting Record Contact Share Your Opinion Help with a Federal Agency Office Locations Send me Updates Share Your CFPB Story Save Our Schools Services Help with a Federal Agency Return to Repayment Guide Visiting DC/Tours Flag Request Internships Meeting Requests Academy Nominations Special Recognitions Grants Small Businesses Veterans, Servicemembers and Military Families FY2027 National Defense Authorization Act Requests FY 2027 Appropriations Requests Oversight Reports Letters Social Security War Room Save Our Schools Campaign Legislation Newsroom News Coverage Press Releases Op-Eds Videos Español Close Search Open Search Popup Popup Search Close Search Popup MENU Senator Elizabeth Warren's Facebook Page (This link opens in new window or tab.) Senator Elizabeth Warren's BlueSky (This link opens in new window or tab.) Senator Elizabeth Warren's Twitter (This link opens in new window or tab.) Senator Elizabeth Warren's Youtube (This link opens in new window or tab.) Senator Elizabeth Warren's Instagram (This link opens in new window or tab.) Home Newsroom Press Releases April 15, 2026 Warren, Schumer, Raskin, Min Introduce New Bill to Stop President, VP from Abusing Power to Steal Taxpayer Funds Bill would impose new guardrails to address Trump's attempts to extract billions of dollars from American taxpayers Bill One-Pager (PDF) | Bill Text (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Minority Leader Chuck Schumer (D-N.Y.), along with Representatives Jamie Raskin (D-Md.), Ranking Member of the House Committee on the Judiciary, and Dave Min (D-Calif.), introduced the Ban Presidential Plunder of Taxpayer Funds Act , a new bill to ban the Presidents and Vice Presidents from abusing their power to steal taxpayer funds. “While American families are getting flattened by skyrocketing costs, Donald Trump is trying to snatch up billions of taxpayer dollars to line his own pockets and settle personal scores. My bill will close the loopholes that enable this apparent corruption and ban Trump — and all future Presidents and Vice Presidents — from abusing their power and stealing Americans’ hard-earned money,” said Senator Warren. “Since he took the Oath of Office, Trump has sold out the American people at every possible opportunity to line his own pockets. He has weaponized the Department of Justice as his personal law office, targeted his perceived political enemies, and grown his own wealth,” said Leader Schumer. “It is such a blatant and obvious conflict for the President to be able to use the administration as his own personal ATM. We must immediately pass this legislation and close any loopholes that allow an executive to grift money from the American taxpayers.” “Trump’s systematic exploitation of Executive Branch power to loot billions of dollars from American taxpayers is the ongoing scandal of this ruthlessly corrupt Administration. The ‘Ban Presidential Plunder of Taxpayer Funds Act’ will prevent the president from pursuing the emerging MAGA grift of suing the government as a ‘plaintiff’ on bogus grounds and then settling the suit as ‘defendant’ for big bucks, a collusive settlement scam they recently executed with the disgraced former national security adviser Michael Flynn, who waltzed off with more than a million dollars for a bogus claim already dismissed by a federal court. I'm proud to be working with Senator Warren, a corruption-buster, on a bill to break up this shady grift and impose a little bit of law on this corruption-soaked presidency,” said House Judiciary Committee Ranking Member Jamie Raskin. “Over the past 15 months, we have seen unprecedented corruption from this administration, but this new abuse of power of providing huge cash payments to “settle” baseless lawsuits brought