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Kirsten Gillibrand: “We really want an ethics provision to ban all members of…”

Featuring: Kirsten Gillibrand, Democratic | U.S. Senate New York

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Sen. Gillibrand: Lawmakers Issuing Crypto Is 'Against the Constitution'

Published | Video Starts at 01:17

And then we're making sure we have the right balance between protecting coders and builders, but also making sure there's tools to go after illicit finance, particularly terror financing. And then third, We really want an ethics provision to ban all members of Congress, all senior administration officials, president, vice president, from being issuers or promoters because we don't want people to be getting rich in positions of authority when they're regulating the industry. It's just, it's against all ethics laws, it's against campaign finance laws, it's against Constitution. (01:17–01:31)

CLAIM

Asserts the need for an ethics provision to ban officials from being issuers or promoters in the crypto industry.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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