Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is â€œabsolutely wildâ€ that U.S. representatives can buy and swap popular stocks. AOC also thinks itâ€™s not ethical for members of Congress to own cryptocurrencies.
AOC Doesnâ€™t Hold Crypto Because She Wants to â€˜Remain Impartialâ€™
Lawmaker Alexandria Ocasio-Cortez (AOC) discussed owning bitcoin (BTC) in a recent Instagram story she told on Monday. AOC explained that she doesnâ€™t believe members of Congress should own stocks and the same morality applies to digital currencies in her opinion. During her Instagram story, AOC said she doesnâ€™t hold BTC because she wants to remain impartial and an unbiased lawmaker.
â€œBecause we have access to sensitive information and upcoming policy, I do not believe members of Congress should hold [or] trade individual stocks and I choose not to hold any so I can remain impartial about policy marking,â€ AOC insisted on Instagram. â€œI also extend that to digital assets/currencies (especially because I sit on the Financial Services Committee). So the answer is no because I want to do my job as ethically and impartially as I can,â€ AOC further stressed in her Instagram story.
In 2017 AOC Said She Wasnâ€™t Sure â€˜About FEC Laws Regarding Cryptoâ€™
Close to four years ago in December 2017, AOC was asked if she accepted bitcoin after she tweeted about a fundraising campaign that year. â€œNot [until] Actblue does,â€ AOC said at the time. â€œAlso Iâ€™m not sure about FEC laws regarding crypto. Good question,â€ she added. â€œSadly reporting this info is law and must be collected, even with cash donations,â€ AOC continued on Twitter. â€œItâ€™s unfortunate that our campaign finance laws demand more stringent reporting of regular small donors than they do from Superpacs.â€
In recent times, AOC has started ferocious debates over her â€œTax the Richâ€ Met Gala dress. She and her colleagues Rashida Tlaib and Ayanna Pressley attempted to get president Joe Biden to choose someone other than Jerome Powell to lead the Federal Reserve. Biden ultimately chose Powell, but AOC wanted the U.S. president to choose a Fed chair that would address social change and the so-called climate crisis.
What do you think about AOCâ€™s declaration that she doesnâ€™t own bitcoin so she can remain impartial as a U.S. lawmaker? Let us know what you think about this subject in the comments section below.