Bill bans campaign money from foreign-controlled U.S. companies.
S. 5075 — Get Foreign Money Out of U.S. Elections Act · Filed by Sheldon Whitehouse (D-RI) · 13 cosponsors · Introduced Jul 22, 2026 · Referred to committee
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What it does
The bill stops U.S. companies owned by foreign people from giving campaign money. Companies must sign a statement saying they are not foreign-controlled. People who get donations must check that statement first. The ban also covers state and local elections. Corporate groups that spend on politics must certify that foreign people do not help decide their spending.
Who it affects
Companies that give money to campaigns must follow new rules. People who run campaigns must check donations before using them. Voters may see less foreign money in U.S. elections.
One thing to notice
The bill relies on companies to tell the truth about foreign control. It does not say how to prove companies follow the rules.
From the analysis of the bill text, linked under Primary records below.
Where it stands
13 cosponsors: 12 Democrats, 1 Independents.
- Jul 22, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- Jul 22, 2026 — Referred to Senate Committee on Rules and Administration · Congress.gov: “Read twice and referred to the Committee on Rules and Administration”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- certify — Sign a statement saying something is true, with legal consequences for lying.
- foreign people — People who are citizens of another country, not the United States.
- corporate groups — Groups formed by companies to collect money and spend it on politics.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (8,591 characters) on Jul 29, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-23.
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