Bill bans people in Congress from owning crypto while in office.
H.R. 3573 — Stop TRUMP in Crypto Act of 2025 · Filed by Maxine Waters (D-CA) · 37 cosponsors · Introduced May 21, 2025 · Referred to committee
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What it does
The bill stops the President, Vice President, and Members of Congress from owning digital assets while in office. Their spouses and adult children also cannot own these assets. They cannot control crypto firms or trade on secret facts. The ban covers hidden ownership through trusts and fake firms. Breaking the rule is a crime under federal law.
Who it affects
People in Congress and their families cannot own digital assets while in office. People may see fewer conflicts between what lawmakers own and laws about crypto.
One thing to notice
The ban covers hidden ownership through trusts and fake firms. It includes complex crypto products like staking, not only basic crypto.
From the analysis of the bill text, linked under Primary records below.
Where it stands
37 cosponsors: 37 Democrats.
- May 21, 2025 — Introduced · Congress.gov: “Introduced in House”
- May 21, 2025 — Referred to House Committee on Financial Services · Congress.gov: “Referred to the House Committee on Financial Services”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- digital assets — Crypto coins, NFTs, and other money things that exist only online.
- fake firms — Firms set up to hide who really owns or controls money.
- conflicts — When a person's own money could affect their official choices.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (4,332 characters) on Jun 3, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,778 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-11-02.
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