Senator Warren Calls on Bipartisan Leaders to Add Crypto Ethics Rules in the “CLARITY Act”

July 14 — Democratic Senator Elizabeth Warren sent a letter to the Senate’s bipartisan leadership, urging Chuck Schumer, to add ethics provision(s) to the “CLARITY Act,” aimed at prohibiting government officials and their family members from profiting from cryptocurrencies.

According to the Office of Government Ethics’ June 30 release of President Trump’s 2025 public financial disclosure report, President Trump earned about $1.4 billion in income from cryptocurrency business in 2025;

Notably, this figure is not only more than twice President Trump’s total income for 2024, but also exceeds the profit levels of any U.S.-listed crypto company last year, and cryptocurrencies have now become the primary source of income for President Trump.

The report shows that family members of President Trump hold a 30% stake in “DT Marks Defi LLC,” a crypto venture that includes Coinbase accounts worth more than $100 million, as well as a 38.25% stake in “WLF Holdco LLC.”

The latter holds the sole member interest in the cryptocurrency company World Liberty Financial, founded by President Trump and his son. Only DT Marks Defi LLC generated more than $590 million in revenue in 2025 alone.

Warren emphasized that this disclosure data is particularly concerning because President Trump has been urging Congress to pass crypto de-regulation legislation, and such policies could directly increase the value of his personal crypto assets.

In sum, in the context of overlapping personal interests and public duties, Warren believes that establishing strict ethics rules is urgent—an inevitable requirement for maintaining public trust in the government, and a key to ensuring fair and impartial cryptocurrency regulation.

#CLARITY法案 # ethics rules