U.S. Senator Kirsten Gillibrand has proposed that the president, members of Congress and their spouses should be barred from issuing or sponsoring their own digital assets.

Cointelegraph reported on Thursday that she mentioned meme coins tied to President Donald Trump and Melania Trump and said conflicts of interest involving public officials must be corrected.

Gillibrand said elected officials and their spouses should not issue meme coins, and called the restriction a common-sense demand that could win bipartisan support. The proposed limits would include the U.S. president and spouse, but she did not specify whether they would extend to the vice president or other family members.

Gillibrand also said public officials’ pursuit of private gain should not destabilise efforts to overhaul the digital asset regime. She said work to strengthen consumer protection, crack down on illicit finance and broaden economic opportunity for millions of Americans excluded from the financial system must not be undermined.

The proposal also intersects with talks over the Clarity bill, a digital asset market-structure measure under discussion in the Senate. Gillibrand has been involved in the negotiations. She said consideration has been delayed due to concerns over ethics issues, tokenisation and stablecoin rewards, and added that without resolving ethics concerns, no one would support the bill.