Senator Kirsten Gillibrand urged a ban on members of Congress and their spouses issuing or promoting cryptocurrency memecoins after President Donald Trump disclosed roughly $1.4 billion in crypto‑related income for 2025. The disclosure intensified debate over ethics provisions in the CLARITY Act, a bill aimed at establishing clearer rules for digital assets. Gillibrand said the ban would prevent potential self‑dealing and protect consumer interests. She made the request in a notice released on Friday and reiterated her position during a conference in Miami earlier this year. Trump’s financial filing showed the income came from the TRUMP memecoin, which he launched shortly before his second inauguration. The token quickly became one of the most watched political crypto launches and generated hundreds of millions of dollars for entities linked to the Trump family, while many retail investors reported steep losses after the price fell sharply. Trump said the gains were not illegal and that outside investment groups manage his holdings. He also attributed the income to a stronger stock market. Lawmakers who have criticized his crypto ties have argued that ethics restrictions are needed before the CLARITY Act proceeds. The Senate Banking Committee is expected to consider the bill within two weeks, though Democrats say ethics language must be resolved first. The dispute highlights a political obstacle to the legislation, which seeks to create a unified framework for digital asset regulation in the United States.