Democratic senators propose ban on presidents investing in or supporting crypto assets

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ODAILY
05-07
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Planet Daily News: After suddenly withdrawing support for the Senate's first stablecoin regulatory bill, Senate Democrats announced on Tuesday that they will introduce a new bill prohibiting federal officials and their families from issuing digital assets, directly targeting the stablecoins and meme coins currently held by Trump and his family. Senator Jeff Merkley from Oregon, the bill's proposer, stated, "Currently, anyone seeking to establish a relationship with the president can personally profit the president by purchasing cryptocurrencies he owns or controls, which is an extremely corrupt act that threatens our national security and erodes public trust in the government. We must immediately end this corruption." (The Verge)

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