Bill · S.Res. 772· Senate(119-SRES-772)
A resolution expressing the sense of the Senate that under no circumstances should Samuel Bankman-Fried receive executive clemency, including a pardon or commutation, and affirming the Senate's commitment to the rule of law and integrity of the United States financial system.
- Introduced
- 6/17/2026
- Last activity
- 7/15/2026 — Resolution agreed to in Senate without amendment and with a preamble by Unanimous Consent. (consideration: CR S4117)
- Sponsored by
- Ruben Gallego
- Cosponsors
- - 0 - 2
- Introduced
- Adopted by the Senate
A Senate resolution is the Senate speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the Senate agrees to it, it is officially the Senate's word; it is not a law, so the House and the President have no part in it.
What this bill would do
S. Res. 772 expresses the Senate's position that Samuel Bankman-Fried should not receive a presidential pardon, commutation, or any other form of Federal clemency. The resolution highlights Bankman-Fried's conviction on seven counts of fraud and money laundering related to the collapse of FTX. It affirms that his 25-year sentence serves the interests of justice given the scale of the financial harm caused to millions of victims. The Senate also rejects the idea that the prosecution was "lawfare." Finally, the resolution reaffirms a commitment to the rule of law and the integrity of United States financial markets.
Yes
Does this give people more protection from unfair business practices?+5
Affirms commitment to safeguarding investors and consumers by ensuring accountability for large-scale financial fraud.
Does this protect the right to fair treatment by the courts?+5
Affirms the integrity of the Federal criminal justice process and the rule of law.
The opposite
Would billionaires be better off under this?-5
Sends a message that high-status individuals are not above the law and will be held accountable for fraud.
Who it would affect, and how
Potential Positive Impacts for People
-
Accountability for Financial Crimes: By stating that Bankman-Fried should not receive clemency, the resolution aims to ensure perpetrators of large-scale financial fraud do not escape permanent accountability. This is cited as essential for maintaining public confidence in United States financial markets.
-
Protection of the Rule of Law: The resolution affirms the integrity of the Federal criminal justice process and ensures the rule of law applies equally to all persons, regardless of their status.
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Support for Victims: The resolution provides an unambiguous statement that those who lost savings, investments, and livelihoods to the FTX fraud deserve to see the perpetrator remain fully accountable.
Potential Negative Impacts for People
- There are no specific sections or provisions within the provided text that identify negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires-5
- Economy And Finance
- Improves Consumer Protection+5
- Governance And Ideology
- Improves Due Process+5
- 7/15/2026
- Senate Committee on the Judiciary discharged by Unanimous Consent.
- Passed/agreed to in Senate: Resolution agreed to in Senate without amendment and with a preamble by Unanimous Consent.
- Resolution agreed to in Senate without amendment and with a preamble by Unanimous Consent. (consideration: CR S4117)
- 7/14/2026
- 1 Cosponsor added.
- 6/17/2026
- Submitted in Senate
- Referred to the Committee on the Judiciary. (text: CR S2896)
- 1 Cosponsor added.
Cynthia LummisRepublican · Wyoming
Bernie MorenoRepublican · Ohio