AS THE PRESIDENT CONTINUES TO LINE HIS POCKETS OFF CRYPTOCURRENCY SCHEMES, DURBIN INTRODUCES NO CRYPTO IN SOCIAL SECURITY ACT

WASHINGTON, March 13 -- Sen. Dick Durbin issued the following press release:

U.S. Senate Democratic Whip Dick Durbin (D-IL) introduced the No Crypto in Social Security Act to ensure that the Social Security Trust Funds never invest in cryptocurrencies. The Social Security Trust Funds hold $2.56 trillion in assets (as of January 2026), which are invested in U.S. Treasury securities by law. However, given President Trump's efforts to integrate cryptocurrencies further into the U.S. financial system, the Social Security Trust Funds must be safeguarded to ensure cryptocurrencies never are an allowable asset.

"Social Security is a bedrock promise that hardworking Americans who pay into the program will earn their retirement," said Durbin. "If ...