Senator Warren requests 2026 reporting for Trump’s crypto earnings after $1.4B disclosure
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- Elizabeth Warren sent a Thursday letter requesting Trump voluntarily file his 2026 financial disclosure by July 23, ahead of the Senate's consideration of the Digital Asset Market Clarity (CLARITY) Act.
- Warren warned that without adequate guardrails, the CLARITY Act would "turbocharge" Trump's conflicts of interest and almost certainly boost the value of his and his family's crypto holdings.
- Trump's 2025 disclosure, filed June 30 under US Office of Government Ethics requirements, reported roughly $1.4 billion in earnings and is not required to be updated until May 2027.
- Trump said in a July 2 interview there was "nothing illegal" and "nothing wrong" with profiting from his crypto investments as president.
- Senate Majority Leader John Thune said the chamber will hold a vote on the crypto bill before the August state work period, though many Democrats have publicly said they will not back the bill without clear ethics provisions.
- Representative French Hill, chair of the House Financial Services Committee, called CLARITY a "bipartisan priority" at a Friday field hearing in New York City, though no Democratic representatives appeared to be present.
Why it matters: Warren is using the timing of a must-pass crypto bill to pressure Trump into early disclosure of holdings that the public would not otherwise see until May 2027, betting that Democratic holds on ethics provisions could delay or reshape legislation Thune wants on the floor before the August recess.
