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US Lawmaker Proposes Ban on Trump Family’s Crypto and Stock Trading

US Lawmaker Proposes Ban on Trump Family’s Crypto and Stock Trading

Author:

Global Cryptocurrency

Published:

2025-10-28 17:36:02

9

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BTCCSquare news:

Democratic Representative Ro Khanna has drafted legislation aiming to prohibit U.S. lawmakers and the Trump family from trading stocks and cryptocurrencies. The move follows allegations of conflicts of interest involving Donald Trump's ties to World Liberty Financial and his son's crypto ventures.

The proposal gains traction amid controversy over Trump's pardon of Binance founder Changpeng Zhao, with critics labeling it "blatant corruption." This initiative parallels Senator Adam Schiff's COIN Act, which specifically targets financial exploitation of digital assets by political figures.

Khanna's bill reflects growing scrutiny over cryptocurrency activities among Washington elites. The California congressman framed the restrictions as necessary to prevent elected officials from profiting off privileged market information.

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