Trump's crypto fortune collides with push for new legislation
Can a president help set the rules for an industry he’s also profiting from? That question is hanging over a landmark cryptocurrency bill before the US Senate, after Donald Trump reported more than US$1.4 billion in income from his family’s crypto ventures last year. With the midterms looming, concerns over conflict of interest could carry a political price. Kate Fisher files this report for CNA from Washington DC.
Can a president help set the rules for an industry he’s also profiting from? That question is hanging over a landmark cryptocurrency bill before the US Senate, after Donald Trump reported more than US$1.4 billion in income from his family’s crypto ventures last year. With the midterms looming, concerns over conflict of interest could carry a political price. Kate Fisher files this report for CNA from Washington DC.
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