US lawmaker seeks to stop Trump, family from crypto, stock trading
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US Representative Ro Khanna is looking to introduce a bill to restrict all elected officials from trading stocks and crypto, citing conflicts of interest.
A US lawmaker is seeking to ban US President Donald Trump, his family, and other congresspeople from trading crypto or stocks.
“I am today introducing legislation to ban the president, his family, members of Congress, and all elected officials from trading crypto or stocks,” US Representative Ro Khanna said as he shared a clip of his appearance on MSNBC from Monday.
Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, raised concerns around Trump’s apparent conflict of interest with crypto via his son’s crypto project World Liberty Financial (WLFI), alleging the recent pardoning of Binance co-founder Changpeng “CZ” Zhao was “blatant corruption.”
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