
Warren's letter comes days before the Senate votes on the CLARITY Act; Trump's 2025 crypto income hit $1.4 billion, mostly from World Liberty and the $TRUMP memecoin.
Senator Elizabeth Warren sent a letter to President Donald Trump requesting an updated financial disclosure covering his cryptocurrency earnings through the first half of 2026. The request arrives days before the Senate is scheduled to vote on the CLARITY Act, a broad crypto regulation bill.
Trump's most recent disclosure, filed with the Office of Government Ethics on June 30, 2026, showed roughly $1.4 billion in crypto-related income for 2025. That figure exceeded the annual revenue of any publicly listed US crypto company. It also nearly doubled his 2024 crypto earnings.
The $1.4 billion came from two main sources. World Liberty Financial, a venture tied to the Trump family, generated an estimated $500 million to $800 million. The project drew scrutiny after a 49% stake sale to Abu Dhabi-linked entities closed days before Trump's January 2025 inauguration. The other major piece was roughly $635 million in royalties from the $TRUMP memecoin.
Crypto income accounted for the majority of Trump's total reported 2025 earnings. That means a sitting president's largest income stream comes from the industry Congress is now moving to regulate.
Warren's letter, sent around July 16, 2026, is timed to the CLARITY Act's progress through the Senate. The legislation has cleared several committees. A floor vote is expected in late July.
Warren has said she would support the bill only if it includes provisions preventing government officials and their families from profiting from crypto assets. Without those guardrails, she argued, the legislation would create a framework that could directly enrich the person who signs it into law.
She also indicated lawmakers intend to scrutinize the World Liberty Financial stake sale more closely. Passing crypto-friendly legislation without ethics provisions could amplify existing conflicts of interest rather than resolve them, she said.
The request asks for 2026 earnings data, which would come ahead of the formal OGE filing deadline set for May 2027.
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