Warren to Trump: Show Us the Crypto Receipts Before CLARITY Gets Cozy 🧾
Back to feed

Warren to Trump: Show Us the Crypto Receipts Before CLARITY Gets Cozy 🧾

—By our Regulation & Policy Desk2 min read

Senator Elizabeth Warren has asked President Donald Trump to voluntarily disclose his cryptocurrency earnings between Jan. 1 and July 15, pressing the request ahead of a Senate vote on the Digital Asset Market Clarity (CLARITY) Act. In a Thursday letter, Warren pointed to Trump's 2025 financial disclosures, which reported $1.4 billion in crypto-related income stemming from his memecoin Official Trump (TRUMP) and his family's firm World Liberty Financial, and said the updated disclosure should be released by July 23.

"Your financial disclosure raises key questions about the appropriateness of Presidents, Vice Presidents, senior administration officials, members of Congress, and their families profiting off the crypto industry, just as the US Senate debates crypto market structure legislation that has the potential to increase the value of your crypto holdings," Warren wrote. She added that, without adequate guardrails, the CLARITY Act "would turbocharge the President's significant conflicts of interest and almost certainly boost the value of his and his family's crypto holdings."

The president's 2025 disclosure was filed on June 30 under a US Office of Government Ethics mandate that governs conflict-of-interest reporting for federal officials. Under existing rules, Trump's next annual report is not due until May 2027, though Warren urged him to file early. Senate Majority Leader John Thune has said the chamber will vote on the CLARITY Act before the August state work period.

On Friday, the House Financial Services Committee's Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a field hearing in New York City on the legislation, which the House passed in July 2025 and which would return to that chamber if approved with 60 votes in the Senate. Representative French Hill, who chairs the full committee and attended the hearing, called CLARITY "a bipartisan priority." Several Democrats, however, have said they will not back the bill without explicit ethics provisions, citing Trump's reported holdings.

Trump, for his part, told reporters in a July 2 interview that there was "nothing illegal" and "nothing wrong" with his crypto profits while in office. Cointelegraph said it reached out to the White House and to Warren's office but did not receive an immediate response.

Mentioned Coins

$TRUMP
Share:
Publishercryptonewsroom.xyz
Published—
CategoryRegulation

Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.

See our Terms of Service, Privacy Policy, and Editorial Policy.