Jeff Merkley (D-OR)

S.Amdt. 2446

S.Amdt. 2446 · Senate amendment to an amendment

A Democratic amendment with 4 Democratic cosponsors · See all 4 cosponsors

Changes S.Amdt. 2360, an amendment to H.R. 1 — One Big Beautiful Bill Act

Last activity — Amendment SA 2446 ruled out of order by the chair.

Ruled out of order

The presiding officer ruled that this amendment could not be offered here, so it was never voted on.

Its path through Congress

  1. Introduced
  2. Ruled out of order by the chair

What this amendment would do

The purpose of this amendment is to prevent cryptocurrency corruption by restricting how certain government officials and their close family members interact with digital assets.

It aims to add a new section to the bill that establishes the following:

  • Prohibitions: It makes it unlawful for covered individuals, including the President, Vice President, Members of Congress, Senate-confirmed appointees, and certain special Government employees (and their spouses or children), to directly or indirectly own, control, promote for value, or affiliate with issuers of covered cryptocurrencies or entities providing custodial services for them.

  • Former Employees: Special Government employees associated with the Executive Office of the President who left service between January 2, 2024, and the date of enactment are prohibited from these activities for one year after their service ends.

  • Compliance and Penalties: Individuals currently in violation must comply within 90 days of enactment. Violations can lead to up to 5 years in prison and fines up to 3 times the value of any related earnings.

  • Financial Disclosure: The amendment changes existing law to require that financial disclosure reports include a statement regarding whether the reporting individual, or their spouse or child, is involved with covered cryptocurrency issuers or custodial service entities.

What Congress actually voted on

One recorded vote has been taken on this amendment.

  • The Senate: a vote to set aside an objection that the measure breaks a budget rule A senator objected that the measure spends or cuts more than the budget allows. Sixty votes set that objection aside; fewer, and the measure is stopped by the objection without a vote on what it would do. Blocked 47 yes · 53 no

    See who voted how →

    06/30/2025 · Roll call 343 · recorded as “On the Motion (Motion to Waive Section 313(b)(1)(D) of the Congressional Budget Act Re: Merkley Amdt. No. 2446)”