Spectators are looking at America’s Capitol Hill in the new year, and the focus is on crypto. Based on an act first passed in 2012, U.S. politicians are required to report their trading activity every 45 days. As of now, the mandate covers stocks, ETFs, commodities and, as you might have imagined, crypto.
Of course, we can only wonder how little these politicians are following their own rules. However, from the transparency we do have, there’s an interesting glimpse into crypto and who, out of the nation’s leading political figures, are or are not holding token currencies.
The disclosure of their financial assets is supported by the Stop Trading on Congressional Knowledge Act, which is also known as the STOCK Act. What we uncover through it are who, sure, but even more interesting, how much they bought and when.
A “Mark Green” Prediction
This U.S. representative of Tennessee is likely the most prevalent crypto enthusiast on Capitol Hill. Though we don’t consider him a vocal advocate, his portfolio speaks a different story.
Take a look at Mark Green’s crypto investments since 2012:
- Ethereum (ETH)—Over $20,000 invested
- Dogecoin (DOGE)—Just under $30,000 invested
- Chainlink (LINK)—Roughly $15,000 invested
- EOS (EOS)—A bit under $15,000 invested
- Stellar Lumens (XLM)—Around $12,000 invested
The GOP Cruz of Texas
Even the “conservative” senator of the entangled right is quite liberal with bitcoin. As an aggressive advocate, Ted Cruz started his own “Adopting Cryptocurrency In Congress as an Exchange of Payment for Transactions Resolution.” His resolution is also known as the ACCEPT Resolution, and in it, Senator Cruz sees the potential of new jobs and growth resulting from the use of crypto.
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Here’s a look at his crypto portfolio to date:
- Bitcoin (BTC)—Roughly $50,000 invested
From the current records, Senator Cruz continues to hold his bitcoin investment, which was first bought in 2022. The father of crypto and blockchain is now trading at $43.118,40.
Cawthorn of North Carolina
Known as the congressman who “humped his college friend’s face,” Rep., Madison Cawthorn was forced to walk away from his political seat. We can’t say the same about his crypto. Yes, his legacy bleeds debauchery, but his reputation with crypto is quite impressive. Based on the current value of the tokens he’s purchased, his current portfolio could be worth as much as $950,000 in 2024.
Here’s a look at those assets:
- Kryll (KRL)—Over $116,000 invested
- Ethereum—Close to $215,000 invested
- Solana—Just under $195,000 invested
- Bitcoin (BTC)—No more than $180,000 invested
- Request (REQ)—Well under $45,000 invested
- Let’s Go Brandon (LGB)—Nearly $50,000 invested
Felix, the Cat of Alabama
The lesser known Felix Barry Moore was a representative of Alabama but ended his tenure abruptly. However, he was active during the passing of the STOCK Act and has a portfolio of crypto to prove it. Though a less-vocal member of congress, here’s what his crypto says:
- Cardano—Close to $45,000 invested
- Dogecoin—Up to $5,000 invested
- Ethereum—Roughly $4,500 invested
As you can see, even politicians see value in cryptocurrencies. If you’re ready to diversify your portfolio also but need to learn about an ideal exchange, then start with reading our Coinbase review.
