House Committee Passes Crypto Tax Bill Amid Corruption Allegations Against Trump

A House committee advanced a crypto tax bill on September 16, 2026, despite opposition from Rep. Don Beyer (D-Va.), who accused President Trump of exploiting the presidency for personal financial gain in the crypto space.

The Digital Asset Tax Certainty Act, introduced by Rep. Jason Smith (R-Mo.), aims to clarify the tax treatment of digital assets and includes a $10 de minimis exemption for transaction fees.

Beyer proposed amendments that would prohibit top government officials from holding or profiting from digital assets while in office, but they did not pass, and the bill advanced in its original form.