Gillibrand Calls to Ban Elected Officials From Issuing Memecoins

US Senator Calls for Ban on Elected Officials Issuing Memecoins

Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First Lady Melania Trump’s memecoins. In a Friday notice, Gillibrand said that Congress should support measures barring elected officials and their spouses from “issuing or sponsoring …

Gillibrand calls to ban elected officials from issuing memecoins

The ban would make it illegal for President Trump to issue or sponsor digital assets.

Senator Pushes to Ban Trump MemeCoin After Stunning $636 Million Windfall

US Senator Kirsten Gillibrand is once again demanding a ban on the issuance and sponsorship of memecoins and digital assets by the president, lawmakers, and their spouses. This regulatory offensive arises after reports from the Office of Government Ethics revealed that President Donald Trump received more than $636 million in 2025 through licenses linked to the TRUMP token. Gillibrand’s proposal, framed within the “End Crypto Corruption Act” bil…

US Senator Proposes Ban on Elected Officials Issuing Memecoins

Senator Kirsten Gillibrand has renewed her push for tighter ethics rules around digital assets, proposing that elected officials—and the president and their spouse—be barred from issuing or sponsoring their own tokens. Her latest remarks explicitly referenced President Donald Trump and First Lady Melania Trump’s memecoin activity. Gillibrand, a New York Democrat involved in negotiations over US digital asset legislation, said in a Friday announc…

Trump’s 2025 Solana Meme Coin Revenue Tops $600M as Ethics Calls Return

President Donald Trump reported more than $600 million in revenue from a Solana-based meme coin in his 2025 annual financial disclosure, a figure that has reignited calls from Senator Kirsten Gillibrand for digital asset ethics legislation targeting public officials.Read more...

Kirsten Gillibrand calls for ban on elected officials issuing memecoins after Trump's $636 million crypto windfall

Gillibrand's push for crypto ethics laws could reshape political accountability, impacting bipartisan support and future crypto regulations. The post Kirsten Gillibrand calls for ban on elected officials issuing memecoins after Trump’s $636 million crypto windfall appeared first on Crypto Briefing.