Trump Opens to Blind Trust for Family Crypto Business Amid Senate Ethics Fight
President Donald Trump has expressed openness to placing his family's cryptocurrency-related businesses into a blind trust, but only if it doesn't restrict their operations. This concession comes as part of a heated Senate fight over the CLARITY Act, which aims to impose stricter ethics requirements on officials with significant digital asset holdings.
The Trump family's crypto income has been under scrutiny, with financial disclosures revealing that they earned between $500 million and $635 million from World Liberty Financial in 2025 alone. This brings their total crypto-related income to over $1.4 billion in a single year.
Trump's conditional acceptance of a qualified blind trust suggests an attempt to appear cooperative on governance without constraining the family's crypto empire. The arrangement would see an independent trustee manage the assets without Trump's knowledge, but he still maintains control through his sons.