In House Committee·Last action 336 days ago

HR3573 Bars Officials from Crypto Conflicts

Officially: Stop TRUMP in Crypto Act of 2025

HR3573 aims to stop top officials and their families from owning or promoting digital assets that pose conflicts of interest. Affects the President, Vice President, and Congress members.

Where it stands

Sitting in House Committee

No vote scheduled. Constituent contact is what moves bills out of committee.

What this bill actually does

Ownership Ban: Prohibits covered officials from owning controlling stakes in digital assets.
Role Restrictions: Bans serving as officers or directors of digital asset issuers.
Insider Trading Ban: Prevents trading digital assets with non-public information.

↓ Why your message matters here

This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.

The debate

What people are saying about this bill

✓Arguments in support

Transparency: Supporters argue that the bill increases transparency in political funding, making it easier for voters to see who is backing candidates.
Level Playing Field: By setting donation limits, the bill aims to prevent any single donor from having too much influence over a campaign.
Security: The bill's provisions for tracking and verifying transactions could help prevent illegal activities like money laundering.

✕Arguments against

Privacy Concerns: Critics argue that the bill could infringe on the privacy of individuals who prefer to use cryptocurrencies.
Innovation Stifling: Some believe the bill could stifle innovation by imposing strict regulations on a rapidly evolving technology.
Implementation Challenges: Opponents point out that the technology to track and verify cryptocurrency transactions is still developing and may be difficult to implement effectively.

Where this bill is in the process

Legislative timeline

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Introduced

Introduced in House

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House Committee

Under House committee consideration

Latest: Referred to the House Committee on Financial Services. (5/21/2025)

MAY 21

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House Floor Vote

Voted on by House

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Passed House

Approved by House

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Senate Review

Sent to Senate for consideration

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Passed Both Chambers

Approved by both House and Senate

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Signed into Law

Signed by the President

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HR3573 Bars Officials from Crypto Conflicts

What people are saying about this bill

Legislative timeline

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