Sen. Elizabeth Warren asked President Trump for his updated crypto earnings disclosure, citing ethics concerns before the CLARITY Act vote. Trump's 2025 report showed up to $1.4B from crypto ventures.
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Senator Elizabeth Warren asked President Donald Trump to release an updated financial disclosure showing his crypto earnings, citing ethics concerns as the Senate prepares to vote on the CLARITY Act.
Warren sent a letter to Trump requesting a report through July 15 by July 23, according to the letter seen by CoinGape. The current annual disclosure for 2025, filed earlier this year, showed Trump earned up to $1.4 billion from his crypto ventures. That sum is more than double his 2024 income and exceeds any public crypto firm's revenue last year, Warren said.
The senator argued the bill would "turbocharge" the president's conflict of interest without proper guardrails, boosting his family's crypto holdings. She added that the disclosure data suggests crypto now accounts for most of Trump's income.
The CLARITY Act, which would set a regulatory framework for stablecoins, faces an uncertain path. The odds of passage this year have fallen to an all-time low as Democrats push for an ethics provision, according to a report. The Senate is expected to release the new bill text next week.
Trump is not required to file his 2026 annual report with the Office of Government Ethics until May 15, meaning the latest disclosure does not reflect recent months. Warren called the 2025 report outdated and insufficient for Congress to evaluate ethics concerns.
The request follows a separate report that Trump promoted Nvidia and Tesla stocks days after buying them. The White House did not immediately respond to a request for comment.
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