Germline pathogenic variants associated with increased childhood mortality must be subject to natural selection. Here, we analyzed publically available germline genetic metadata from 141,456 adults [gnomAD; 125,748 whole exome sequences (WES) and 15,708 whole genome sequences (WGS)] and 4,810 children with cancer [11 studies; 1,319 WES, 1,950 WGS, and 1,541 gene panel]. We found that pediatric cancer predisposition syndrome (pCPS) genes [n = 85] were highly constrained, harboring only a quarter of the loss-of-function (LoF) variants that would be expected. This strong indication of selective mutational pressure on pCPS genes was found across multiple lines of germline genomics data from both pediatric and adult cohorts. For six genes [ELP1, GPR161, VHL & SDHA/B/C], a clear lack of mutational constraint calls the pediatric penetrance and/or severity of associated cancers into question. Conversely, out of 23 known pCPS genes associated with biallelic risk, two [9%, DIS3L2 and MSH2] showed significant constraint, indicating that they monoallelically increase childhood cancer risk. In summary, we show that population genetic data provide novel evidence that heritable childhood cancer leads to natural selection powerful enough to have significantly impacted the present-day gene pool.