Senator Elizabeth Warren has formally requested that President Donald Trump provide an updated financial disclosure, specifically detailing his cryptocurrency earnings. The request comes as the Senate prepares to vote on the CLARITY Act, a bill aimed at regulating digital assets. Warren’s letter, sent this week, raises ethics questions about whether Trump’s personal crypto holdings could influence his stance on the legislation.
The request
Warren, a longtime crypto skeptic, asked Trump to voluntarily disclose any crypto-related income, including from NFTs, trading, or investments. She pointed to the CLARITY Act, which would impose new reporting requirements on crypto firms and potentially affect the value of Trump’s holdings. The senator’s office confirmed the letter was delivered to the White House on Wednesday.
The CLARITY Act is expected to come to a vote in the coming weeks. If passed, it would require crypto exchanges and wallet providers to register with the SEC and comply with anti-money laundering rules. Trump has not publicly stated his position on the bill, but his business ventures in the crypto space—including a series of NFT collections and a reported stake in a mining operation—have drawn scrutiny. Warren’s request puts pressure on the president to be transparent about potential conflicts of interest.
What’s next
The White House has not yet responded to Warren’s letter. The Senate is scheduled to debate the CLARITY Act on July 28. If Trump refuses to disclose his crypto earnings, Warren has suggested she may push for a subpoena. For now, the ball is in the president’s court.
