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Schumer Targets Trump's $1.4B Crypto Income with Anti-Corruption Agency

Guavy AI Editorial Team
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US Senate Minority Leader Chuck Schumer introduced a bill to create an agency overseeing executive-branch corruption, citing President Donald Trump's $1.4 billion in crypto-related income from 2025.

The proposed Anti-Corruption Bureau would combine the Federal Election Commission, Office of Government Ethics, and Office of Special Counsel into one independent bureau with subpoena power and enforcement authority nationwide.

The bill targets Trump's certified disclosure entries, which showed he earned over $1.4 billion from crypto ventures, including Celebration Coins, World Liberty Financial token sales, and a stablecoin-related holding company.

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