Sen. Schatz: Trump crypto corruption shouldn't impact stablecoin | “What he's doing is already illegal"
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Sen. Schatz: Trump crypto corruption shouldn't impact stablecoin | “What he's doing is already illegal"
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Visit Ask a Pol ~ asking your lawmakers your questions at your US Capitol ~What should we ask Congress next? Let us know!In our latest episode, Ask a Pol asks Sen. Brian Schatz*
Are you worried stablecoin legislation may now be derailed because President Donald Trump and his family are profiting off digital currencies?
Key Schatz:
“What he's doing is already illegal, so we don't actually need a statute for that,” Sen. Brian Schatz exclusively told Ask a Pol. “I would say his corruption complicates the conversation for sure, but I am not one of these people who think we need to make a new law to reiterate that the existing laws shouldn’t be broken.”
*Schatz is running to replace retiring Sen. Dick Durbin (D-IL) as the Senate Democratic Whip (aka, #2 most powerful Democrat in the upper chamber)
About Ask a Pol: We give listeners a front row seat to Congress. Transparency matters, so come inside the Capitol with us! Politicians disappoint. Ask a Pol keeps em honest.
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