WASHINGTON, July 3 -- Sen. Kirsten Gillibrand issued the following press release:
Following new reporting (https://www.nytimes.com/2026/07/01/us/politics/trump-crypto-memecoin-world-liberty.html) on President Trump's personal financial disclosures - which show that his single largest source of income in 2025, $636 million, came from issuing a memecoin - U.S. Senator Kirsten Gillibrand renewed her call for Congress to bar all elected officials, and their spouses, from issuing or sponsoring their own digital assets. Under the proposal Senator Gillibrand has championed alongside a group of colleagues, it would be illegal for President Trump to issue or sponsor any digital asset, including memecoins. The First Lady also issued her own memecoin...