DemocratAmendment · S.Amdt. 2350· Senate(119-SAMDT-2350)

S.Amdt. 2350

Rep. Merkley
Age: 70 years
Oregon
Introduced
6/10/2025
Sponsored by
Jeff Merkley
Cosponsors
Democrat - 1Republican - 0
Changes bill
119-S-1582 — GENIUS Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

This amendment aims to change the bill by adding rules about what the Board can do and by creating a new section called "Preventing Cryptocurrency Corruption." It also adds financial disclosure report requirements related to covered cryptocurrency involvement.

The purpose of the amendment is to stop certain government officials and their families from owning, controlling, promoting, or affiliating with cryptocurrency issuers or custodial services. It also sets up penalties for violations and requires officials to report their cryptocurrency involvement.