This bill would prohibit sitting presidents, vice presidents, members of Congress, senior executive branch officials, and their immediate family members from owning, controlling, or exercising significant influence over banks. The legislation directs federal banking regulators—the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency—to deny any banking applications from these covered individuals and to revoke existing banking charters or licenses if they were approved after January 20, 2025 while such a person had control. Presidents and vice presidents would have 30 days from their inauguration to divest from any banks they control, after which their banking operations would be shut down by regulators. The bill aims to prevent conflicts of interest and corruption by ensuring that high-ranking government officials cannot use their positions to benefit from or influence banking institutions.