Richard Durbin (D-IL)

S.Amdt. 4352

S.Amdt. 4352 · Senate amendment

A Democratic amendment with no cosponsors

Changes H.R. 6644 — 21st Century ROAD to Housing Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

SA 4352, submitted by Mr. Durbin, is an amendment to bill H.R. 6644.

The purpose of this amendment is to prohibit Social Security trust funds from investing in cryptocurrency. It aims to change the Social Security Act by adding the following:

  • A requirement that investments may not be made in any crypto-related investment or digital asset.

  • A definition for digital asset based on section 2 of the GENIUS Act.

  • A definition for crypto-related investment, which includes:

    • Investment funds related to digital asset indices or futures.
    • Stocks or bonds of public companies that primarily derive revenue from digital asset products and services or substantially derive value from digital asset holdings.
    • Any other investment or asset with a value derived from or tied to digital assets.