diff --git a/Lib/ensurepip/__init__.py b/Lib/ensurepip/__init__.py
index cbadfaa41a2..09551411847 100644
--- a/Lib/ensurepip/__init__.py
+++ b/Lib/ensurepip/__init__.py
@@ -12,9 +12,9 @@ import tempfile
 __all__ = ["version", "bootstrap"]
 
 
-_SETUPTOOLS_VERSION = "40.8.0"
+_SETUPTOOLS_VERSION = "41.2.0"
 
-_PIP_VERSION = "19.0.3"
+_PIP_VERSION = "19.2.3"
 
 _PROJECTS = [
     ("setuptools", _SETUPTOOLS_VERSION),
diff --git a/Lib/ensurepip/_bundled/pip-19.0.3-py2.py3-none-any.whl b/Lib/ensurepip/_bundled/pip-19.2.3-py2.py3-none-any.whl
similarity index 51%
rename from Lib/ensurepip/_bundled/pip-19.0.3-py2.py3-none-any.whl
rename to Lib/ensurepip/_bundled/pip-19.2.3-py2.py3-none-any.whl
index 24f247caa0a..8118df8ac19 100644
Binary files a/Lib/ensurepip/_bundled/pip-19.0.3-py2.py3-none-any.whl and b/Lib/ensurepip/_bundled/pip-19.2.3-py2.py3-none-any.whl differ
diff --git a/Lib/ensurepip/_bundled/setuptools-40.8.0-py2.py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-41.2.0-py2.py3-none-any.whl
similarity index 84%
rename from Lib/ensurepip/_bundled/setuptools-40.8.0-py2.py3-none-any.whl
rename to Lib/ensurepip/_bundled/setuptools-41.2.0-py2.py3-none-any.whl
index fdc66e9330e..82df6f63f4e 100644
Binary files a/Lib/ensurepip/_bundled/setuptools-40.8.0-py2.py3-none-any.whl and b/Lib/ensurepip/_bundled/setuptools-41.2.0-py2.py3-none-any.whl differ
diff --git a/Misc/NEWS.d/next/Library/2019-07-24-18-27-44.bpo-37664.o-GYZC.rst b/Misc/NEWS.d/next/Library/2019-07-24-18-27-44.bpo-37664.o-GYZC.rst
new file mode 100644
index 00000000000..f12590540eb
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2019-07-24-18-27-44.bpo-37664.o-GYZC.rst
@@ -0,0 +1 @@
+Update wheels bundled with ensurepip (pip 19.2.3 and setuptools 41.2.0)