Congressman Who Wanted Airport Named After Trump Buys Bitcoin, Solana, XRP Token Ahead Of Inauguration
Posted On January 13, 2025
A member of Congress disclosed buying three cryptocurrencies in December, as the sector gets ready to welcome in a pro-cryptocurrency White House administration.
What Happened: With many cryptocurrencies hitting new all-time highs after Donald Trump’s 2024 election win, members of Congress like Representative Guy Reschenthaler (R-Pa.) are adding crypto to their portfolio.
According to Benzinga’s Government Trades page for Reschenthaler, the Republican Representative disclosed the trades recently in one filing.
Here are the cryptocurrencies purchased and the dates the trades were made:
- Dec. 11: $1,000 to $15,000 Solana (CRYPTO: SOL)
- Dec. 11: $1,000 to $15,000 XRP Token (CRYPTO: XRP)
- Dec. 23: $1,000 to $15,000 Bitcoin (CRYPTO: BTC)
The transactions are the first disclosed …