Stop Profiting from Officials' Names

Official: Stop Presidential Profiteering from Digital Assets Act

IntroducedMay 8, 2025

Why This Matters

This bill prevents people from making money off digital assets that use the names or images of certain federal officials. It aims to protect these officials from exploitation for financial gain.

If you are a federal official, this bill protects you from others profiting off your name or image without permission.

Affects: Federal officials like the President, Vice President, and members of Congress, along with their families, are directly affected by this bill.

What changes is this bill making?

1. This bill bans using the names or images of federal officials for digital assets. 2. It applies to the President, Vice President, members of Congress, and their families. 3. The Securities and Exchange Commission will enforce this law and set penalties. 4. Violators could face fines up to $250,000 or more based on their profits. 5. No consent from the officials can protect someone from being penalized.

Who is affected?

Federal officials like the President, Vice President, and members of Congress, along with their families, are directly affected by this bill.