Trump Admin Pressures Law Enforcement on Controversial Crypto Legislation
The Trump administration is applying pressure on law enforcement groups to support a proposed cryptocurrency legislation that critics say could be exploited by criminal groups.
Multiple sources confirm that White House officials, Republican lawmakers, and acting Attorney General Todd Blanche are urging current and former US law enforcement officials to corral support for the Clarity Act.
The bill's opponents argue it would allow President Donald Trump to continue benefiting from his cryptocurrency earnings, including $1.4 billion from ventures in his first year back in office, according to his financial disclosures.