US senator calls to ban president, lawmakers from issuing digital assets

U.S. Senator Kirsten Gillibrand has renewed her call for stronger ethics regulations on digital assets following President Donald Trump's financial disclosure, reported Eleanor Terrett, host of CryptoInAmerica, on X. The disclosure revealed that the president earned over $600 million in 2025 from the memecoin TRUMP. Gillibrand re-emphasized the need for an ethics reform bill that would prohibit the president, members of Congress, and their spouses from issuing or sponsoring digital assets.