Trump’s Crypto Earnings Upset Senate Talks on Digital Asset Bill
The Senate is racing to vote on a digital‑asset law, but new numbers about President Trump’s crypto profits have thrown the debate into turmoil.
A recent financial disclosure shows that Trump earned more than $1.4 billion from family crypto projects last year, a chunk of his total $2.2 billion income in 2025.
The money comes from:
- Royalties on a Trump‑branded memecoin
- Sales of tokens by his family’s crypto firm World Liberty Financial
- Stakes in holding companies that own the firm’s stablecoin business
These revelations have reignited a fight over ethics language in the market‑structure bill that Republican leaders want to bring to the Senate floor.
- Democrats argue for a clause that stops officials from profiting from cryptocurrencies.
- Republicans worry the new language could delay the bill.
Two Democrats who voted for a substitute amendment—Senators Ruben Gallego and Angela Alsobrooks—said they would not support the bill on the floor unless further changes were made.
Alsobrooks criticized Trump’s financial disclosure, calling the administration “the most corrupt” it has ever seen.
She urged lawmakers to include an ethics agreement that applies to the president, vice president and all officials.
Gallego echoed this sentiment on social media, accusing Trump of using the presidency to benefit his crypto ventures.
Senate Banking Committee ranking member Elizabeth Warren warned that the bill could worsen Trump’s conflicts of interest.
She insists any legislation must prevent top officials and their families from profiting in the crypto market.
The bill has faced delays because it must also merge with a similar amendment from the Agriculture Committee and be reconciled with a House version that passed last year.
With legislative days shrinking, some Republicans want to push the bill forward despite unresolved ethics and anti‑money‑laundering provisions.
The House has already approved a market‑structure bill, and Senate leaders hope to finish the process before the August recess.
The outcome will shape how digital assets are regulated in America and whether high‑profile officials can profit from them.
