Congressional Progressive Caucus Chair Rep. Greg Casar (TX-35) submitted the following written testimony on behalf of the caucus to the House Financial Services Committee expressing opposition to legislation under its jurisdiction that would facilitate Trump's and his family’s corruption and self-enrichment:
“Two pieces of legislation—the CLARITY Act and GENIUS Act—contain a wide swath of concerning provisions. Members of the Congressional Progressive Caucus recently voted to officially oppose both measures as currently drafted, which allow the President and his family to enrich themselves, engage in corruption, and sell access to the White House through cryptocurrency. I urge you to take steps within your committee to close these loopholes and advance meaningful legislation with strong safeguards to protect consumers, our economy, and our national security while stopping President Trump’s corruption. We must ensure that no one can exploit the position of President of the United States for personal financial gain,” stated Chair Casar.
Read Full Testimony HERE.
