1. Short title This Act may be cited as the Prevent Corrupting Foreign Influence Act . 2. Foreign influence over the President and Vice President (a) In general Chapter 11 of title 18, United States Code, is amended by adding at the end the following: 227A. Foreign influence over the President and Vice President (a) Prohibition Except as provided in subsection (b), whoever, being a covered person or covered entity, knowingly— (1) accepts anything of value from a foreign state or foreign entity; or (2) receives anything of value from a foreign state or foreign entity, shall be fined under this title, imprisoned not more than 5 years, or both. (b) Exceptions Subsection (a) shall not apply— (1) in the case of any investment by a foreign state or entity in a mutual fund, which includes a covered entity in its portfolio; (2) in the case of any investment by a foreign state or entity in an asset held in a blind trust on behalf of a covered person