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Posted on 04/15/2026 11:17:15 AM PDT by lowbridge
Democratic lawmakers will introduce a bill Wednesday to ban the president, vice president and their families from collecting lawsuit settlement payments from the government.
The bill, dubbed the "Ban Presidential Plunder of Taxpayer Funds Act," comes after President Donald Trump sued the IRS and the Treasury Department for $10 billion over the leak of his tax records, and those of his sons and his company, to news outlets. Trump said he would donate any money he received to charity, but the lawsuit enraged critics who argued that any money he might receive from a settlement would come from taxpayers.
Months earlier, Trump acknowledged he was seeking damages from the Justice Department, saying, "I guess they owe me a lot of money."
Sen. Elizabeth Warren of Massachusetts, Senate Minority Leader Chuck Schumer of New York, Rep. Jamie Raskin of Maryland and Rep. Dave Min of California are introducing the bill in their respective chambers.
The bill, shared with NBC News, would ban the president, the vice president, their spouses and children and any trust "that exists for their benefit" or "entity they own or control" from collecting payments as part of a settlement agreement, which parties sometimes reach in order to avoid going to court.
Presidents and vice presidents could collect compensatory damages if a judge appoints an independent counsel to represent the federal entity being sued and also makes court proceedings public. Compensatory damages are awarded by courts to provide restitution for losses.
The bill would also impose the restrictions on former presidents if their vice presidents were to succeed them in the Oval Office. Former presidents and vice presidents could collect damages under certain conditions, among them that no one appointed by a president or a vice president is involved in the claim and that any settlement agreement or
(Excerpt) Read more at nbcnews.com ...
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“Ban Presidential Plunder of Taxpayer Funds Act”
How about a “Ban Congressional Plunder of Taxpayer Funds Act” too?
Sounds like Leftist TDS Kabuki Dance.
I bet this one will draw veto.
47 will never veto such a bill /s
So find the individuals responsible and sue them personally.
Somebody authorized this.
The same people who openly flouted benefiting from insider trading for decades...
Another cover up of Congress members.
Any supporter of these bills is promoting congressional corruption; we should get that word out.
We can screw you over and you can't screw us back.
Oh, NOW they’re worried about tax payer money.
The left wants to use the power of government to lawfare their political opponents without any chance of their opponent recouping his losses.
Watch them do a 180 shift on this if anyone did to them what they did to Trump!!!
“So find the individuals responsible and sue them personally.
Somebody authorized this.”
Good thought. But see the federal tort claims act.
Well…you cannot have the executive branch plundering the money that is only meant to be plundered by Congress.
I would retort with a request to have the sexual harassment claims paid by Congress made public. It seems if they are kept private, I could agree to accuse a Congressman, get paid a settlement, and split it with them. Easy Peasy.
ALL MONEY belongs to the government. The democRATS/DemoKKKrats are the Party of Government. Ipso Facto, ALL MONEY belongs to the democRATS/DemoKKKrats.
IF YOU BEHAVE, the democRATS/DemoKKKrats MIGHT let you have a pittance of “their” money.
Koskinen, Tea Party, LtGen Flynn, J6 ...
But presidents and their families involved in corruption and kickbacks in Ukraine are a-ok with democrats.
It will never get that far.
RE: The same people who openly flouted benefiting from insider trading for decades...
I won’t mention Nancy Pelosi.
Oops, I just did.
Just to target their TDS enemy.
Old David Letterman joke:
A bill was introduced exempting everyone in the United States named “Mitt” from paying income taxes.
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