Prohibits Presidents, Vice Presidents, and their families from owning or controlling banks.

The Ending Presidential Corruption in Banking Act aims to prevent corruption in banking applications by prohibiting Presidents, Vice Presidents, and their families from owning or controlling banks. It defines "covered person" as the President, Vice President, or their spouse or child. The Act mandates that the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency may not approve banking applications if a covered person has a controlling interest in the bank.

Prohibits Presidents, Vice Presidents, and their families from owning or controlling banks.

The Ending Presidential Corruption in Banking Act aims to prevent corruption in banking applications by prohibiting Presidents, Vice Presidents, and their families from owning or controlling banks. It defines "covered person" as the President, Vice President, or their spouse or child. The Act mandates that the Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency may not approve banking applications if a covered person has a controlling interest in the bank.