
Senator Elizabeth Warren asks Trump to publish crypto gains before Senate vote on market-structuring bill that could boost his $1.4B holdings.
Senator Elizabeth Warren asked President Donald Trump to voluntarily disclose his crypto-related income before the Senate votes on a market-structuring bill. Her letter, sent Thursday, requested a report covering January 1 through July 15, 2026, nearly a year before the legal deadline.
Warren pointed to Trump's 2025 ethics filing, which showed $1.4 billion in gains from crypto projects including the Official Trump memecoin and family firm World Liberty Financial. The bill under debate, the Digital Asset Market Clarity Act, would set rules for crypto markets. Warren said the legislation would "fuel the president's major conflicts of interest" without adequate safeguards.
Senate Majority Leader John Thune said the chamber aims to vote before its August recess. The bill already passed the House in July 2025. If the Senate approves it with 60 votes, it returns to the House.
Several Democratic senators have said they will not support any crypto bill without explicit ethics provisions. No Democratic representative attended a House subcommittee field hearing on the CLARITY Act in New York on Friday. Chairman French Hill called the bill a "bipartisan priority."
Trump told Cointelegraph in a July 2 interview there was "nothing illegal" and "nothing wrong" with profiting from crypto while in office. The White House and Warren's office did not immediately respond to requests for comment.
The risk for the market: a bill passed without ethics safeguards could be seen as legitimizing a conflict of interest, potentially fueling political backlash. A voluntary Trump disclosure before July 23 would reduce that risk. Democratic intransigence, or a bill that fails to reach 60 votes, would leave the market without the clarity the industry wants.
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