Trump Pushes Crypto Bill After Family Scores $1 Billion Windfall

President Donald Trump has reignited his push for cryptocurrency legislation, weeks after urging the Senate to advance it in honor of late Sen. Lindsey Graham. At a White House event, Trump met with top executives from Coinbase and Ripple to lobby for the Clarity Act, which would establish a regulatory framework for digital commodities.

The bill aims to prevent cryptocurrency platforms from being used for money laundering and gives the attorney general sole authority to enforce ethics rules that would prohibit senior federal officials from creating or sponsoring digital assets while in office.

Trump's family has reportedly generated over $1 billion from their crypto ventures, sparking criticism of his financial dealings. Democrats have raised concerns about the bill, arguing that the attorney general could refuse to investigate the president and his allies even when they default on ethics rules.