Rep. Mike Collins disclosed buying and later selling USDC stablecoin in a Periodic Transaction Report filed Jan. 20, 2026, as the House Ethics Committee continues reviewing an Office of Congressional Conduct referral involving his congressional office operations.
- PTR shows a USDC purchase on 12/26/2025 and a USDC sale on 01/12/2026, each for $1,001–$15,000.
- House Ethics Committee said it received an OCC referral on Oct. 7, 2025, extended the matter on Nov. 21, 2025, and later said it would proceed under Committee Rule 18(a) to gather additional information.
- OCC findings include allegations that a paid district intern was retained without duties commensurate with compensation and that the intern had a personal relationship with the office’s chief of staff; OCC cites payments of $5,044 (late 2023) and $5,244.44 (late 2024) for the intern role.
- OCC recommended subpoenas for multiple witnesses, including Rep. Collins and the alleged intern, citing limited cooperation in the review.
- In a Dec. 31, 2025 letter, counsel for Collins and his chief of staff asked the Committee to dismiss the referrals.
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Editor’s Note: This is a developing story. This article may be updated as more details become available.
