HRES 849119th CongressIn Committee

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 activities.

Introduced: Oct 31, 2025

Sponsor: Rep. Khanna, Ro [D-CA-17] (D-California)

Civil Rights & JusticeFinancial ServicesTechnology & Innovation

Standard Summary

Comprehensive overview in 1-2 paragraphs

This resolution prohibits public officials and their families from engaging in cryptocurrency ventures to prevent conflicts of interest and foreign influence, mandating blind trusts for existing digital assets, banning foreign investments in politicians' crypto holdings, requiring full transaction disclosures, and establishing civil/criminal penalties for violations.

Key Points

1Prohibits politicians and immediate family members from issuing, sponsoring, or endorsing any digital assets including cryptocurrencies, memecoins, and NFTs to prevent personal enrichment.
2Requires officials to place existing digital assets in qualified blind trusts during public service and for two years post-tenure to eliminate conflicts of interest.
3Bans foreign investment in digital assets linked to public officials and mandates full disclosure of all cryptocurrency transactions to prevent foreign influence over policy.

Impact Areas

elected officials and candidates for public officeimmediate family members of government officialsforeign investors and cryptocurrency marketsfederal ethics enforcement mechanismspublic trust in governmental integrity

Generated by legislative-analysis-ai on Nov 5, 2025