Hours Before Trump Crypto Dinner, Democrats Push Another Bill to Stop President’s Digital Asset Dealings
Rep. Maxine Waters introduced the "Stop TRUMP in Crypto Act of 2025," aimed at prohibiting the president, vice president, members of Congress, and their immediate families from owning or launching crypto assets while in office. The legislation targets President Donald Trump, who has reportedly gained billions from crypto ventures. The bill was introduced to coincide with Trump's private dinner with top holders of his meme coin, raising concerns about foreign influence and access to the White House. The bill would prevent Trump from engaging in any crypto-related activities while in office and applies to his family members. Waters' initiative is supported by 14 other Democrats on the House Financial Services Committee. Trump's crypto dealings have complicated ongoing legislative efforts to regulate digital assets in the U.S. Previous attempts to address Trump's conflicts of interest in crypto have not gained Republican support.
