#gillibrandcallsfordigitalassetethicsban — The Ethics Wall
Sen. Kirsten Gillibrand just dropped a bombshell: elected officials (President, Congress, spouses) should be banned from issuing or sponsoring digital assets — and she's making it a must-have for the Clarity Act.
Why now?
🇺🇸 Trump's financial disclosures: $600M+ income from $TRUMP memecoin in 2025 alone💰 Total disclosed crypto earnings: over $1B while in office⚠️ She warned the Clarity Act "won't survive" the Senate without this ethics language
The clash:
🟦 Democrats want conflict-of-interest rules targeting Trump's crypto business
🟥 White House opposes language they view as targeting the President
⏳ Only ~10 weeks of Senate calendar remain before midterms dominate
Next watch: Banking Committee hearing could come as early as next week. Gillibrand says the ethics issue needs resolving within the week for bipartisan support. Final Senate vote? Early August "if we're lucky."
The Clarity Act's last hurdle isn't stablecoin yields — it's power, money, and $TRUMP . 🎯
#NHHB639ProtectsDigitalAssetSelfCustody #JunePayrolls57KHikeOddsFallTo50% #ZcashIronwoodUpgradeNearsTestnet #UniswapPrimaryAMMForRobinhoodL2
Sen. Kirsten Gillibrand just dropped a bombshell: elected officials (President, Congress, spouses) should be banned from issuing or sponsoring digital assets — and she's making it a must-have for the Clarity Act.
Why now?
🇺🇸 Trump's financial disclosures: $600M+ income from $TRUMP memecoin in 2025 alone💰 Total disclosed crypto earnings: over $1B while in office⚠️ She warned the Clarity Act "won't survive" the Senate without this ethics language
The clash:
🟦 Democrats want conflict-of-interest rules targeting Trump's crypto business
🟥 White House opposes language they view as targeting the President
⏳ Only ~10 weeks of Senate calendar remain before midterms dominate
Next watch: Banking Committee hearing could come as early as next week. Gillibrand says the ethics issue needs resolving within the week for bipartisan support. Final Senate vote? Early August "if we're lucky."
The Clarity Act's last hurdle isn't stablecoin yields — it's power, money, and $TRUMP . 🎯
#NHHB639ProtectsDigitalAssetSelfCustody #JunePayrolls57KHikeOddsFallTo50% #ZcashIronwoodUpgradeNearsTestnet #UniswapPrimaryAMMForRobinhoodL2