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Democrats Target Trump's $620 Million Crypto Fortune with New Anti-Corruption Bureau Proposal

Guavy AI Editorial Team
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US Senate Democrats have proposed legislation to establish an independent Anti-Corruption Bureau aimed at investigating Donald Trump's cryptocurrency earnings, valued at approximately $620 million.

The bureau would have broad powers to investigate corruption within the executive branch and recover ill-gotten funds. It would be funded by an independent source to ensure it remains unaffected by the presidential budget.

Democrats argue that Trump has turned the presidency into a 'family business,' emphasizing that regulators must follow the money and seize corruption profits.

The proposal is part of the Clarity Act, a comprehensive cryptocurrency regulation in the US. However, negotiations have been put on hold due to disagreements over ethics clauses.

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