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We’ve been bringing you the latest from Capitol Hill about all things congressional stock trading, but this is a little different.
There’s no clear party line when it comes to cryptocurrency, how it should (or shouldn’t) be regulated, or whether or not members of Congress should be able to trade it the way they do stocks. Our position, however, is clear: since crypto presents similar opportunities for corruption that congressional stock trading does, we should treat this issue similarly.
As he was being sworn in for his second term, Trump promised to be the “Crypto President,” and values soared as the crypto world became hopeful about deregulations and weakened consumer protections. Since then:
- Trump has made millions off Trump family cryptocurrency ventures, revealing a major conflict of interest.
- Top investors in his “meme coin” were invited to one of his golf courses for an investors-only event — a pay-to-play scheme for access to the President.
- The Justice Department has disbanded its team that specialized in investigating crypto enforcement, and several federal charges have been dropped.
- The CEO and co-founder of Binance, a supporter of Trump, was pardoned and released from federal prison. He had failed to stop criminals from using Binance to move money connected to child sex abuse, drug trafficking and terrorism.
Thankfully, a bill has been introduced in Congress to stop its members, as well as the President, from trading these currencies, which have enabled mass corruption to the tune of millions of dollars. As soon as the shutdown is over, we’ll be calling our representatives to support it.
In the meantime, we’re working on our 2026 election project, supporting our three endorsed candidates and scouting for others. We’re growing the team that will end congressional stock trading for good and make our future less corrupt.
For this to work, though, we need continued grassroots support from people like you. Please, join us today with a donation of just $3:
Working hard to rip out corruption at the root,
Ban The Trade
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