Clash over Trump family businesses entangles Senate crypto bill

· policy · Source ↗

TLDR

  • Senate Democrats are blocking a landmark crypto bill unless it includes ethics language restricting executive branch officials from issuing or endorsing digital assets.

Key Facts

  • Sen. Ruben Gallego said there is “no final bill” without a bipartisan agreement on an ethics provision.
  • Sen. Thom Tillis, a Republican, said ethics language is a must or he will vote against the bill.
  • The Trump family’s crypto ventures, including World Liberty Financial and a memecoin, account for over $1 billion of their wealth.
  • Negotiations are led by Sens. Schiff and Gallego for Democrats, and Sens. Lummis and Moreno plus a White House adviser for Republicans.

Why It Matters

  • Republicans need Democratic votes to pass the bill, giving Democrats direct leverage over a top Trump financial policy priority.
  • If neither chamber reaches a deal before the midterms, prospects for the legislation dim significantly.

Jasper Goodman, Declan Harty — Politico · 2026-04-27 · Read the original

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