This Act may be cited as the No Trump Immunity Act.

In this Act, the term presidentially owned entity — (1) means a corporation, association, partnership, limited liability company, limited liability partnership, other legal entity, or sole proprietorship in which the President or Vice President has an ownership stake; and (2) does not include an entity in which— (A) more than 100 people have an ownership stake; and (B) the President or Vice President, as applicable, hold no more than 5 percent in a beneficial ownership stake.

No Executive agency may grant a release, waiver, acquittal, discharge, barring, or preclusion of 1 or more claims to the President or Vice President, or a family member (including a spouse, child, spouse of a child, sibling, niece, nephew, first cousin, and second cousin), trust, parent, sister, related company, affiliate of the President or Vice President, or presidentially owned entity, for any claim, including the following: (1) General immunity from investigation and prosecution, including a broad release of claims described in the May 19, 2026, order of the Attorney General. (2) Facilitating money laundering for the Islamic Republic of Iran, the Democratic People's Republic of Korea, the Islamic Resistance Movement (commonly known as Hamas), or Mexican drug cartels. (3) Trading and profiting on insider information about an imminent war with the Islamic Republic of Iran. (4) Abusing or facilitating the abuse of young women. (5) Illegally steering taxpayer dollars to friends, family, and business partners.