According to Fox News, the congressional stock trading ban has successfully passed through committee, with Senator Hawley denying reports of White House opposition (source: Fox News). This development could increase scrutiny on traditional stock trading by lawmakers and potentially shift attention toward alternative assets like cryptocurrencies. Traders should monitor regulatory momentum, as increased restrictions on congressional stock trading may drive interest and liquidity into digital assets such as BTC and ETH.

According to Fox News, Rep. Alford is set to introduce a congressional stock trading ban that closely mirrors the Senate's 'PELOSI Act.' This legislative move targets the prohibition of stock trading for members of Congress, aiming to enhance transparency and reduce conflicts of interest (Fox News, May 14, 2025). For crypto traders, this development is significant as restrictions on traditional equity trading among lawmakers could accelerate institutional interest and regulatory focus on digital assets, potentially impacting crypto market sentiment and regulatory clarity.