Ben McKenzie and Democrats Urge Block on CLARITY Act Over Trump Crypto Ties

Crypto critic and actor Ben McKenzie has urged Congress to block the CLARITY Act due to President Trump's financial ties to the digital asset industry. At a Capitol Hill anti-corruption forum, he joined Senate Democrats like Richard Blumenthal and Chris Van Hollen in lobbying against the bill.

McKenzie argued that lawmakers could not oppose 'Trump's crypto corruption' while supporting the CLARITY Act, saying it would only allow this to continue. He urged Democrats to reject the bill, warning that a small number of votes could be enough for it to pass.

The actor pointed out that President Trump made $2 billion last year, with $1.4 billion of his income consisting of cryptocurrency profits that exploit weaknesses in current law. Blumenthal also expressed concerns that the updated version of the bill still leaves loopholes that could allow Trump to profit from his crypto ventures.

New York Attorney General Letitia James has also warned that the CLARITY Act could weaken state enforcement against crypto fraud, saying stronger regulations are needed to protect investors.