Stop Presidential Profiteering from Digital Assets Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- May 8, 2025
What it does
The Stop Presidential Profiteering from Digital Assets Act would prohibit the issuance, promotion, or sale of digital assets—such as cryptocurrencies or meme coins—that use the name, likeness, or identifiable traits of certain federal officials or their immediate family members for financial gain. It applies to the President, Vice President, members of Congress, Senate-confirmed federal officers, and their immediate family members living in the same household. The bill establishes that the Securities and Exchange Commission (SEC) has exclusive authority to enforce the prohibition, with penalties including civil fines up to $250,000 per violation or the amount of financial gain received,…
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.