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Schumer Proposes Agency to Tackle Corruption Amid Crypto Ties

Guavy AI Editorial Team
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Senator Chuck Schumer has introduced legislation to create a new US government agency focused on addressing corruption at the federal level.

The Anti-Corruption Bureau Creation Act aims to investigate, enforce, and prevent executive branch corruption, with authority to probe President Donald Trump's ties to the cryptocurrency industry.

Schumer noted that Trump disclosed earning more than $2 billion from investments in 2025, including $1.4 billion tied to crypto, and his family had over $1 billion in a crypto fund tied to foreign governments.

The proposed agency would place the US Federal Election Commission, Office of Government Ethics, and Office of Special Counsel 'under one roof' within the new bureau.

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