Inaugural Committee Transparency Act of 2025

S 118, the Inaugural Committee Transparency Act of 2025, requires the Presidential Inaugural Committee to publicly disclose all spending of $200 or more, including the recipient's name, address, date, and purpose of each payment. It prohibits foreign national donations, bans using donor names for anonymous contributions, and prevents converting donated funds for personal expenses unrelated to the inauguration. The bill also mandates that any remaining donated funds be distributed to a qualified 501(c)(3) charity within 90 days after the inauguration, with possible extensions requiring supplemental reporting. This directly affects the Inaugural Committee and its donors by increasing financial transparency and restricting certain funding sources.