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Republicans target Trump's crypto empire with new plan, Dems say it falls short

First publishedJul 24, 19:55 UTC
Last updatedJul 24, 22:05 UTC · 6m ago
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Republicans target Trump's crypto empire with new plan, Dems say it falls short
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Senate Republicans want to rein in President Donald Trump’s income explosion since returning to the White House, but Democrats aren’t sold on how they’re going to do it.The Senate is on the cusp of moving landmark cryptocurrency legislation known as the Clarity Act that, if passed, proponents say would finally fold the novel currency into the nation’s web of financial regulations.Tucked away in the over 600-page package are a slate of ethics provisions that target Trump, the vice president and their spouses. The White House signed off on the provisions, and the architects of the bill say that the restrictions reach beyond just Trump and target lawmakers, too.GOP RIFT GROWS AS THUNE HITS BRAKES ON TRUMP'S ELECTION BILL TO AVERT SHUTDOWNBut for now, it’s not enough for Senate Democrats."Someone can call it an ethics provision," Sen.

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Senate Republicans want to rein in President Donald Trump’s income explosion since returning to the White House, but Democrats aren’t sold on how they’re going to do it.The Senate is on the cusp of moving landmark cryptocurrency legislation known as the Clarity Act that, if passed, proponents say would finally fold the novel currency into the nation’s web of financial regulations.Tucked away in the over 600-page package are a slate of ethics provisions that target Trump, the vice president and their spouses. The White House signed off on the provisions, and the architects of the bill say that the restrictions reach beyond just Trump and target lawmakers, too.GOP RIFT GROWS AS THUNE HITS BRAKES ON TRUMP'S ELECTION BILL TO AVERT SHUTDOWNBut for now, it’s not enough for Senate Democrats."Someone can call it an ethics provision," Sen. Elizabeth Warren, D-Mass., said. "But if it doesn't stop the president from profiting off of crypto, and using it as a way to take bribes right out in public.

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Senate Republicans want to rein in President Donald Trump’s income explosion since returning to the White House, but Democrats aren’t sold on how they’re going to do it.The Senate is on the cusp of moving landmark cryptocurrency legislation known as the Clarity Act that, if passed, proponents say would finally fold the novel currency into the nation’s web of financial regulations.Tucked away in the over 600-page package are a slate of ethics provisions that target Trump, the vice president and their spouses. The White House signed off on the provisions, and the architects of the bill say that the restrictions reach beyond just Trump and target lawmakers, too.GOP RIFT GROWS AS THUNE HITS BRAKES ON TRUMP'S ELECTION BILL TO AVERT SHUTDOWNBut for now, it’s not enough for Senate Democrats."Someone can call it an ethics provision," Sen.
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1 outlet, average source rating 6.0/10.
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    Republicans target Trump's crypto empire with new plan, Dems say it falls short

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