The Senate Democrats announced on Tuesday that they would introduce a new bill that would prevent federal officials and their families from issuing digital assets.
“Currently, those who want to influence the president can personally strengthen them by buying cryptocurrency,” said San Jeff Merkley (D), who offered the bill on the Senate floor. “This is a deep corrupt scheme. It jeopardizes our national security and eliminates public confidence in the government. Let’s end this corruption immediately.”
In response to concerns within the Democratic Party of the End Cricket Corruption Act, it has revealed that the Genius Act, which first had bilateral bilateral cooperation, was insufficient to stop corruption. Although the Senate’s banking committee passed the bill in March with a two -way vote, two developments allegedly forced the Democrats to change the way. Before, a New York Times Last week, the report revealed that the Trump Family could potentially earn $ 2 billion from a Stable Quinn transaction with a Dubai -based investment firm under the current regulatory framework. Second, Trump announced a competition in April, in which his Mimi coin will win a private dinner with the president’s top holder president, and the top 25 holder will win the White House’s additional guidance. According to a channel report, Memicarian issuers, government Trump, has earned $ 320 million from trade fees alone.
Although he acknowledged that he could not do much to stop the president right now (see: No laws), the Senate Republicans also expressed skepticism over Trump Trump with the NBC, and at least one tough Trump ally, San Cynthia Lum, to organize a digital asset. He told the NBC, “Even what seems to be ‘craving’ with regard to Mimi coins, it is legal, and what we need to do is a regulatory framework that makes it more clear, so we do not have this wild Western scenario.