Sponsors (16)
The bill increases transparency and reduces potential foreign or outsized donor influence on presidential libraries, but does so at the cost of narrower fundraising options, donor privacy concerns, and heavier legal/compliance risks that could shift costs to taxpayers.
Presidential Libraries/Centers and the public gain searchable, downloadable quarterly disclosure of donations over $200, increasing transparency about who funds post‑presidential institutions.
Presidential Libraries/Centers and taxpayers face reduced foreign or special‑interest influence because donations from foreign nationals, foreign agents, federal contractors, and registered lobbyists are banned for two years after a president leaves office.
Presidential Libraries/Centers and nonprofit partners will have limits on large aggregate donations (initial cap indexed), which can curb outsized donor influence and encourage a broader fundraising base.
Presidential Libraries/Centers and taxpayers may face reduced philanthropic revenue because eligibility restrictions, donor bans, and aggregate caps could shrink the pool of allowable donors and overall fundraising, potentially shifting costs to taxpayers.
Individual donors and nonprofit fundraisers may have privacy exposed and be deterred from giving because required public reporting includes donor names, addresses, employers, and occupations.
Donors, library staff, and administrators face significant legal risk because the bill imposes criminal penalties (up to 5 years) and large civil fines for violations, creating compliance burdens and exposure to serious punishment for complex reporting rules.
Based on analysis of 2 sections of legislative text.
Establishes new rules and definitions for what counts as a “Presidential Library or Center” and limits who may solicit or give donations to those entities while the related President is serving or has been elected. The bill defines terms such as donation, federal contractor, foreign national, 501(c)(3) organization, registered agent of a foreign principal, and registered lobbyist, and makes it unlawful for a Presidential Library or Center (and certain officials or the Archivist) to solicit or accept donations from specified disqualified sources. The provided text is incomplete on the full list of disqualifying donors, so some prohibitions could not be fully summarized.
Defines eligible donors and bars certain donors from giving to Presidential Libraries/Centers while the related President is serving or has been elected, with detailed definitions of disqualified categories.
Introduced July 16, 2025 by Elizabeth Warren · Last progress July 16, 2025