US HB3314

Prohibits issuing, promoting, marketing, or selling digital assets (cryptocurrencies, stablecoins, meme coins) that use the name, likeness, or identifiable traits of covered federal officials for financial gain

Covered individuals include the President, Vice President, Members of Congress, Senate-confirmed federal officers, and their immediate family members (spouse, children, household relatives)

Consent or endorsement by the covered official is explicitly not a defense to liability; violations are presumed regardless of authorization

SEC granted exclusive enforcement authority with civil penalties up to $250,000 per violation or the total gross financial gain, whichever is greater, plus injunctive relief powers

SEC must issue implementing regulations within 180 days of enactment