Murphy, Senate Colleagues Introduce Amendment to GENIUS Act to Prevent Trump Corruption

WASHINGTON —U.S. Senator Chris Murphy (D-Conn.)joinedU.S. Senators Jeff Merkley (D-Ore.), Elizabeth Warren (D-Mass.), Chuck Schumer (D-N.Y.), Gary Peters (D-Mich.), Jack Reed (D-R.I.),andMichael Bennet (D-Colo.)in releasing the following statement on the introduction of their anti-corruption amendment to the GENIUS Act:
“Elected officials have a responsibility to serve the American people—not line their own pockets. To crack down on the blatant corruption of the President and his family, our amendment prohibits the President, Vice President, and senior government officials from directly or indirectly profiting from a stablecoin venture while in office. TheGENIUS Actshould not pass the Senate without this fix. Otherwise, we leave the door open to selling access to the United States government to the highest bidder."
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