The proposal would cover the President, Congressmembers and their spouses, following a disclosure tying Trump to $636 million in memecoin income.
A U.S. senator is pushing to bar the President, Congressmembers and their spouses from issuing digital assets, after a disclosure linked Trump to $636 million in memecoin income. The move points to growing scrutiny of whether public officials should be allowed to launch or profit from crypto tokens while in office, given concerns about conflicts of interest and influence over markets and regulation. The source provides no further legislative details beyond the proposed scope and the income figure.