HR3314Referred to Committee

Stop Presidential Profiteering from Digital Assets Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-05-08
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Ritchie Torres
Ritchie Torres
Democrat · NY · Representative
Votes with party: 96.2% (629 recorded votes)

Full profile: /officials/T000486

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

1 cosponsor on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-05-08

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The legislation would prevent the President and Vice President from owning or profiting from digital assets like cryptocurrencies and NFTs while in office, requiring them to divest such holdings before taking office. The bill aims to reduce conflicts of interest by ensuring that sitting presidents and vice presidents cannot benefit financially from changes in digital asset values that their policies might influence. This would affect current and future presidents and vice presidents by restricting their personal investment options during their time in office.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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Open text viewRead on Congress.gov

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