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Elizabeth Warren and colleagues demanded tighter rules on political figures’ crypto dealings, citing disclosures of large-scale Trump family profits US politics live – latest updates Donald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House. Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed why US Congress needed to act. “The crypto legislation heading to the Senate floor must prevent the President, Vice President, senior administration officials, members of Congress, and their families from profiting off the crypto industry,” she said. “If it does not, it will only turbocharge Donald Trump’s brazen crypto corruption.” Continue reading...
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U.S. President Donald Trump has defended the financial gains disclosed in his latest filings after records showed he earned at least $1.4 billion from crypto-related ventures, while market expectations for the CLARITY Act’s passage this year have weakened. According to…
