The Intercept
•These Are the Members of Congress Who Are Trading Crypto
73% Informative
Only four members of Congress reported buying or selling cryptocurrencies over the past two years .
The last Congress adopted crypto as one of its pet causes, and the new Congress seems even more eager to push it into the mainstream.
Members of Congress and industry observers point to a range of factors that could explain the reticence, from skittish advisers to conflict-of-interest concerns.
Sen. Cynthia Lummis , R-Wy., said lawmakers don't want to buy the brain damage of criticism.
Sen. Elizabeth Warren , D-Mass. , said she was grateful that few members dabble themselves in the crypto market.
The “ Let’s Go Brandon ” coin was the subject of a House ethics investigation.
The enthusiasm for meme coins divides Collins from many in the crypto community.
Investor and financial adviser Ric Edelman said there was a “level of skepticism” about meme coins from the rest of the industry.
He said he would support forcing members of Congress to put all of their holdings — crypto or otherwise — in a blind trust.
VR Score
74
Informative language
72
Neutral language
27
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
18
Source diversity
18
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