0
0
News

Democrats Push Bill to Stop Trump's Crypto Efforts

Rep. Maxine Waters introduced the bill, named “Stop TRUMP in Crypto Act of 2025.”
0
0
May 23, 20251 min read

Rep. Maxine Waters introduced a bill targeting Trump's potential crypto profits while in office, raising ethical concerns over conflicts of interest.

What’s the Scoop?

  • Legislative Focus: Rep. Maxine Waters introduced a bill aimed at preventing the U.S. president, vice president, and members of Congress from owning crypto assets while in office.
  • Targeting President Trump: The bill explicitly raises concerns about potential conflicts of interest and foreign influence, singling out Trump’s crypto activities.
  • Ethical Oversight: The legislation seeks to establish stronger ethical guidelines for public officials engaging with crypto.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.