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Schiff Drops Bombshell Bill: Politicians Could Be Banned from Crypto Investments
Schiff Drops Bombshell Bill: Politicians Could Be Banned from Crypto Investments
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Washington's latest power play targets digital asset portfolios—just as lawmakers' ETH wallets hit all-time highs.
The 'Public Service Over Profits' Act
Senator Schiff's proposal would force elected officials to choose between public office and crypto ventures. No more trading congressional insights for blockchain gains.
The Hypocrisy Hedge
Comes six months after 37% of Senate financial disclosures showed politician-held crypto—with Bitcoin and Ethereum dominating. Schiff's own past crypto skepticism adds spice to the drama.
Cynical Take
Because nothing says 'financial reform' like banning competition for insider trading advantages. The bill conveniently exempts traditional stock holdings—where the real money moves happen.
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