Senator Kirsten Gillibrand has called for restrictions preventing elected officials and their spouses from issuing meme coins. The proposal follows President Trump's disclosure of more than $1 billion in crypto-related earnings.
Senator Kirsten Gillibrand is pushing for a ban on meme coins launched by President Trump and other elected officials.
The move comes after Trump reported over $1 billion in crypto earnings. Gillibrand participated in 2025 negotiations that removed ethics provisions from a stablecoin bill.
She now proposes limits on officials and spouses issuing such coins.
