AOC Reveals She Doesn’t Own Crypto

August 11, 2022 7:04 am

AOC is apparently not a fan of cryptocurrency.

Rep. Alexandria Ocasio Cortez has made it loud and clear that she doesn’t own cryptocurrency.

Ocasio-Cortez believes it’s wild that lawmakers can buy and sell stocks and cryptocurrencies.

In an Instagram story AOC was quoted saying “Because we have access to sensitive information and upcoming policy, I do not believe members of Congress should hold/ trade individual stock and I choose not to hold any so I can remain impartial about policymaking,” and she would continue saying “I also extend that to digital assets/ currencies (especially bc I sit on Financial Services Committee).

Business Insider added these details:

Rep. Alexandria Ocasio-Cortez isn’t getting caught up in the craze for cryptocurrencies. The New York Democrat, who has said it’s “absolutely wild” that members of Congress can buy and trade stocks, believes the same applies to digital assets.

In an Instagram story on Monday, Ocasio-Cortez replied to a follower who asked whether she invests in bitcoin. “Because we have access to sensitive information and upcoming policy, I do not believe members of Congress should hold/ trade individual stock and I choose not to hold any so I can remain impartial about policymaking,” she said.

“I also extend that to digital assets/ currencies (especially bc I sit on Financial Services Committee).” “So the answer is no bc I want to do my job as ethically and impartially as I can,” the lawmaker added.

Ocasio-Cortez sits on the powerful House Financial Services Committee, which means she has a say in the oversight of Wall Street and financial institutions.

Cointelegraph dropped these details:

Democratic lawmaker Alexandria Ocasio-Cortez said Monday that she avoids any and all investments which could potentially represent a conflict of interest, including crypto — and believes her fellow lawmakers should do the same.

She explained that as a member of the House of Representatives’ Financial Services Committee, she felt it was inappropriate for her to hold Bitcoin (BTC) or other digital assets because lawmakers have access to “sensitive information and upcoming policy.”

“I do not believe members of Congress should hold/trade individual stock and I choose not to hold any so I can remain impartial about policy making,” said AOC. “I also extend that to digital assets/currencies […] I want to do my job as ethically and impartially as I can.”

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