Senate Banking Chairman Scott: Ethics Debate Should Not Be Included in Crypto Bill

Source: CryptoNewsNet Original Title: Senate banking chairman Scott: Trump-tied ethics clash doesn’t belong in his crypto bill Original Link: The legislative sticking point about Democrats wanting to legally remove President Donald Trump from crypto does not belong in the current market structure bill, according to Senator Tim Scott, as the Senate Banking Committee he leads is poised to vote on the long-awaited crypto bill on Thursday.

The ethics debate has been determined to be outside of his committee’s jurisdiction, the South Carolina Republican stated in an exclusive interview on Wednesday, and lawmakers are now pursuing it as a standalone effort that may belong in the Senate’s ethics panel—a separate committee with its own leadership and members.

“The ethics language has got to go through the jurisdictional areas in our body, and that would be the ethics committee,” Scott said. “We can talk about it; we can even work on language, but dropping it into the bill is far more difficult than we had anticipated.”