,,iv #aaith ,,congress #ast ,session ,h4 ,,res4 #hdi ,,in ,,the ,,house ,,of ,,representatives ,october #ca1 #bjbe,mr4 ,khanna 7for himself1 ,ms4 ,ansari1 ,mr4 ,fields1 ,mr4 ,mc,govern1 ,ms4 ,norton1 ,mr4 ,sherman1 ,mr4 ,smith of ,washington1 ,ms4 ,tlaib1 ,mr4 ,tonko1 and ,mrs4 ,watson ,coleman7 submitted the following resolution2 which was referred to the ,committee on ,financial ,services1 and in addition to the ,committees on ,oversight and ,government ,reform1 ,house ,administration1 and the ,judiciary1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,,resolution ,calling to ban the use of public office for personal enrichment through cryptocurrency ventures and calling for measures to prevent conflicts of interest and foreign influence in politicians' digital asset activities4 ,whereas this resolution may be cited as the ,ban ,crypto ,corruption ,resolution2 ,whereas members of ,president ,trump's family have built a network of opaque and largely unregulated crypto enterprises1 including digital trading cards1 memecoins1 stablecoins1 tokens1 and decentralized finance platforms tied to their names and likenesses2 ,whereas1 since first seeking public office1 ,president ,donald ,j4 ,trump and his family have amassed billions of dollars in wealth from cryptocurrency-related ventures and investments2 ,whereas ,president ,trump's family amassed up to #e1jjj1jjj1jjj right after launching a new digital currency while ,president ,trump held office2 ,whereas the ,president's share of ,trump ,media ,technology ,group1 the parent company of ,truth ,social and a ,bitcoin treasury business1 is now worth #a1ijj1jjj1jjj2 ,whereas the ,president's son1 ,eric ,trump1 said the true figure was probably more2 ,whereas ,president ,trump pardoned convicted criminal and founder of the u#gh;crypto exchange ,binance1 ,changpeng ,zhao1 after ,zhao offered to enter a business deal with ,president ,trump's family1 after monthslong efforts by ,binance to lobby the ,white ,house and allies of the ,president1 after the company and its affiliates made significant financial and promotional contributions to the ,president's family1 including ,world ,liberty ,financial1 and after representatives of the ,president's family held discussions to take a financial stake in ,binance2 ,whereas ,president ,trump used the powers of his office and access to him to promote and boost the value of his crypto ventures1 including by announcing and hosting a private dinner for the top #bbj holders of his memecoin this ,may that reportedly generated #cbd1jjj1jjj in purchases of the ,president's memecoin and an additional #ijj1jjj in transaction fees within just the first #b days of the contest's announcement2 ,whereas substantial foreign investment has flowed into ,trump-linked crypto projects from entities tied to foreign nations1 including the ,abu ,dhabi-owned firm ,,mgx1 which purchased #b1jjj1jjj1jjj of a ,trump-backed stablecoin1 and the ,united ,arab ,emirates-based ,aqua #a ,foundation1 which acquired #ajj1jjj1jjj in ,world ,liberty ,financial tokens2 ,whereas ,chinese-born crypto billionaire ,justin ,sun1 who faces allegations of fraud and market manipulation by the ,united ,states ,securities and ,exchange ,commission1 invested #ge1jjj1jjj in ,world ,liberty ,financial and dined with the ,president shortly thereafter2 and ,whereas such transactions raise serious concerns regarding conflicts of interest1 self-enrichment1 and foreign influence over the conduct of ,united ,states policy3 ,now1 therefore1 be it ,that the ,house of ,representatives supports legislation to-- 7#a7 prohibit the issuance1 sponsoring1 or endorsing of digital assets 7including cryptocurrency1 memecoins1 stablecoins1 tokens1 nonfungible tokens 7,n,f,ts71 digital trading cards1 and decentralized finance platforms7 by the ,president1 ,vice ,president1 ,members of ,congress1 candidates for public office1 elected public officials1 high-ranking executive branch employees and special government employees1 and the immediate family members of each of these2 7#b7 require the ,president1 ,vice ,president1 ,members of ,congress1 candidates for public office1 elected public officials1 and the immediate family members of each of these to place any digital assets they hold in a qualified blind trust inaccessible during their candidacy1 public service1 and #b years after an individual's service2 7#c7 prohibit foreign investment in any digital assets issued1 promoted1 or controlled by the ,president1 ,vice ,president1 ,members of ,congress1 candidates for public office1 elected public officials1 and the immediate family members of each of these2 7#d7 mandate the full and timely disclosure of all cryptocurrency transactions by the ,president1 ,vice ,president1 ,members of ,congress1 candidates for public office1 elected public officials1 and the immediate family members of each of these2 7#e7 establish civil and criminal penalties for violations2 and 7#f7 clarify that any actions that would violate the above requirements are considered unofficial acts4