Bill · S.Res. 466· Senate(119-SRES-466)

A resolution condemning President Trump's pardoning of Binance founder Changpeng Zhao, who had violated United States anti-money laundering laws, and calling for Congress to use its authority to stop this form of corruption.

Age: 77 years

Massachusetts

Introduced: 10/23/2025
Last activity: 10/23/2025 — Referred to the Committee on the Judiciary. (text: CR S7733)
Sponsored by: Elizabeth Warren
Cosponsors: - 14 - 0

Crime and Law Enforcement

Introduced
In Committee

A Senate resolution is the Senate speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the Senate agrees to it, it is officially the Senate's word; it is not a law, so the House and the President have no part in it.

What this bill would do

This resolution condemns President Trump for pardoning Changpeng Zhao, the founder of Binance. Zhao previously pleaded guilty to failing to maintain an effective anti-money laundering program at Binance. The text notes that Binance's failures allowed money to reach terrorists, foreign adversaries, and criminals. Before the pardon, reports showed family representatives of President Trump negotiating to buy a stake in Binance, and Zhao applied for a pardon. The resolution highlights that a UAE firm used a stablecoin from the Trump family's company to buy a stake in Binance shortly before the pardon. Finally, the resolution calls on Congress to use its authority to stop this form of corruption.

Yes

Does this make what the government does easier for the public to see?+3
The resolution calls for congressional action against corruption, promoting governmental accountability and integrity.