It’s time to manage this family.

Democratic Senator proposes to prohibit the President from investing in or supporting cryptocurrency.

After suddenly withdrawing support for the Senate's first stablecoin regulation bill, Senate Democrats announced on Tuesday that they would introduce a new measure to prohibit federal officials and their families from issuing digital assets, directly targeting Trump and the stablecoins and meme coins currently held by his family.

The bill's sponsor, Oregon Democratic Senator Jeff Merkley, stated, "Currently, anyone who wishes to establish a relationship with the President can profit personally by purchasing the cryptocurrency he owns or controls, which is an extremely corrupt act that threatens our national security and erodes public trust in government. We must put an end to this corruption immediately."$ETH