Texas Rep. Brandon Gill’s $500K Bitcoin buys spark STOCK Act scrutiny
From Cointelegraph
June 03, 2025 05:35 AM:
Texas Representative Brandon Gill is under scrutiny for late disclosures of up to $500,000 in Bitcoin purchases, potentially violating federal law. His purchases, valued between $100,001 and $250,000 each, were reported weeks past the 45-day deadline required by the STOCK Act. Gill’s ties to Trump’s inner circle are also highlighted.
Gill, known for his bill proposing Trump’s face on the $100 bill, disclosed additional Bitcoin purchases on time. He also revealed holdings in RSP and TOIXX money market fund. The fine for late STOCK Act filings is typically $200, deemed a “joke” by investment research firm Quiver Quantitative.
Gill, a vocal crypto supporter, serves on key House committees. He sponsors legislation promoting government transparency and is son-in-law to Dinesh D’Souza, a Trump pardon recipient. Trump’s personal use of cryptocurrency has raised scrutiny. Gill joins other lawmakers in violating the STOCK Act this year.
A bipartisan push to ban lawmakers and their families from trading individual stocks and cryptocurrencies is gaining momentum in Congress. Gill’s late disclosures and ties to Trump’s circle add to the ongoing debate around financial conflicts among lawmakers.
Read more at Cointelegraph: Texas Rep. Brandon Gill’s $500K Bitcoin buys spark STOCK Act scrutiny