IV 
119TH CONGRESS 
1ST SESSION 
H. RES. 849 
Calling to ban the use of public office for personal enrichment through 
cryptocurrency ventures and calling for measures to prevent conflicts 
of interest and foreign influence in politicians’ digital asset activities. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 31, 2025 
Mr. KHANNA (for himself, Ms. ANSARI, Mr. FIELDS, Mr. MCGOVERN, Ms. 
NORTON, Mr. SHERMAN, Mr. SMITH of Washington, Ms. TLAIB, Mr. 
TONKO, and Mrs. WATSON COLEMAN) submitted the following resolution; 
which was referred to the Committee on Financial Services, and in addi-
tion to the Committees on Oversight and Government Reform, House Ad-
ministration, and the Judiciary, for a period to be subsequently deter-
mined by the Speaker, in each case for consideration of such provisions 
as fall within the jurisdiction of the committee concerned 
RESOLUTION 
Calling to ban the use of public office for personal enrich-
ment through cryptocurrency ventures and calling for 
measures to prevent conflicts of interest and foreign in-
fluence in politicians’ digital asset activities. 
Whereas this resolution may be cited as the ‘‘Ban Crypto 
Corruption Resolution’’; 
Whereas members of President Trump’s family have built a 
network of opaque and largely unregulated crypto enter-
prises, including digital trading cards, memecoins, 
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•HRES 849 IH 
$900,000 in transaction fees within just the first 2 days 
of the contest’s announcement; 
Whereas substantial foreign investment has flowed into 
Trump-linked crypto projects from entities tied to foreign 
nations, including the Abu Dhabi-owned firm MGX, 
which purchased $2,000,000,000 of a Trump-backed 
stablecoin, and the United Arab Emirates-based Aqua 1 
Foundation, which acquired $100,000,000 in World Lib-
erty Financial tokens; 
Whereas Chinese-born crypto billionaire Justin Sun, who 
faces allegations of fraud and market manipulation by 
the United States Securities and Exchange Commission, 
invested $75,000,000 in World Liberty Financial and 
dined with the President shortly thereafter; and 
Whereas such transactions raise serious concerns regarding 
conflicts of interest, self-enrichment, and foreign influ-
ence over the conduct of United States policy: Now, 
therefore, be it 
Resolved, That the House of Representatives supports 
legislation to— 
(1) prohibit the issuance, sponsoring, or endors-
ing of digital assets (including cryptocurrency, 
memecoins, stablecoins, tokens, nonfungible tokens 
(NFTs), digital trading cards, and decentralized fi-
nance platforms) by the President, Vice President, 
Members of Congress, candidates for public office, 
elected 
public 
officials, 
high-ranking 
executive 
branch employees and special government employees, 
and the immediate family members of each of these; 
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•HRES 849 IH 
(2) require the President, Vice President, Mem-
bers of Congress, candidates for public office, elected 
public officials, and the immediate family members 
of each of these to place any digital assets they hold 
in a qualified blind trust inaccessible during their 
candidacy, public service, and 2 years after an indi-
vidual’s service; 
(3) prohibit foreign investment in any digital 
assets issued, promoted, or controlled by the Presi-
dent, Vice President, Members of Congress, can-
didates for public office, elected public officials, and 
the immediate family members of each of these; 
(4) mandate the full and timely disclosure of all 
cryptocurrency transactions by the President, Vice 
President, Members of Congress, candidates for pub-
lic office, elected public officials, and the immediate 
family members of each of these; 
(5) establish civil and criminal penalties for vio-
lations; and 
(6) clarify that any actions that would violate 
the above requirements are considered unofficial 
acts. 
Æ 
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