Top federal officials and candidates could not own or trade digital assets during campaigns, while in office, or for one year after leaving. They would have to use approved blind trusts, and serious violations could bring fines or prison time.
Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
STABLE GENIUS Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Latest action on S. 1803: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Who this affects: This bill mainly affects top federal officials and people running for those offices. It would change how they can invest in digital assets before, during, and after public service. It also affects trustees who manage blind trusts, ethics offices that approve and post trust agreements, the Federal Election Commission, and the Attorney General.
Why this matters: This bill matters because officials who can shape digital-asset policy may also own or trade those same assets. The bill tries to reduce that conflict by separating covered officials from digital-asset holdings. It would also make blind trust agreements public and add strong penalties for violations. The real effect is uncertain. It would depend on how many officials and candidates are covered, how much digital-asset exposure they have, and how the rules are enforced.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.