​The Democrats of the U.S. House of Representatives intend to introduce a new bill that prohibits public officials from issuing, sponsoring or endorsing any securities, commodities or digital assets

PANews February 27th news, according to Cointelegraph, California Rep. Sam Liccardo said that the U.S. House of Representatives is preparing to launch the "MeME Act". The draft legislation will prohibit the majority of public officials and related personnel from issuing, sponsoring or endorsing any securities, commodities or digital assets. The bill is expected to be submitted on February 27 and involves the president, vice president, members of Congress, senior executive officials, their spouses and minor children. The bill has more than a dozen Democratic sponsors who are struggling to win bipartisan support.