Senate This week, a bill before the Senate comes up for a vote that could potentially influence a politician into making a favorable decision for a corporation, industry, or foreign nation. It is called the Genius Act. Genius for whom I wonder?
Last week, the UAE (United Arab Emirates) invested $2,000,000,000.00 (2 billion) into the cryptocurrency stablecoin USD1. USD1 is issued by World Liberty Financial, in which the Trump family holds the majority of shares.
This bill prohibits current Federal employees, members of Congress, and senior executive branch officials like the vice-president, secretary of state, etc., from issuing stablecoins like USD1 during their time in public office. For some reason, THIS RESTRICTION DOES NOT EXTEND TO THE PRESIDENT, their family, nor does it prevent them from selling, owning, or profiting from stablecoin ventures.
Why is it that only the President is exempt from this ethics regulation?? Of all public officials, the President should be held to a higher ethical standard than anyone else in the government!!!
vote NO on the GENIUS ACT, until President Trump and his family are included in all ethics regulations about owning, selling, and profiting off the sale of stablecoins.
I will be watching how you vote and will remember it during the next election.
We need to ensure that no politician, or politician's family, including the President, can be influenced into making decisions favoring any corporation, industry, or foreign country based on the investments they may make into any digital currency that can potentially provide a profit to any government employee or official office holder.
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