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Trump caves to tougher ethics crackdown as his crypto fortune faces scrutiny

Tillis and Ruben Gallego pushed for state attorneys general to help enforce the cryptocurrency rules.

Trump caves to tougher ethics crackdown as his crypto fortune faces scrutiny
Image · The Independent

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Outlet credibilityThe Independent77/100 HIGH
This article1 analysis · Sep 28, 2026
tl;dr

President Donald Trump agreed to most of a proposed ethics package in the Clarity Act, according to Republican sponsors, ahead of a critical Senate vote. The compromise would give state attorneys general enforcement authority and require officials to divest significant stakes in some digital-currency businesses or place them in blind trusts.

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Thom Tillis R · NC · SEN
● OPEN

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Thom Tillis
R · NC · SEN

Senator who pressed for state enforcement authority as part of the ethics compromise.

PRIMARY SUBJECT
Donald Trump
R · President of the United States

President who agreed to most of the proposed ethics compromise.

Trump's version of this story ↗
Ruben Gallego
D · AZ · SEN

Senator who pressed for state enforcement authority as part of the ethics compromise.

Gallego's version of this story ↗
Tim Scott
R · SC · SEN

Republican senator and sponsor who confirmed the state legal officers’ role in enforcement.

Cynthia M. Lummis
R · WY · SEN

Republican senator and sponsor who confirmed the state legal officers’ role in enforcement.

John Boozman
R · AR · SEN

Republican senator and sponsor who confirmed the state legal officers’ role in enforcement.

ALSO MENTIONED  Patrick Witt, White House crypto adviser who said the administration and Senate Republicans had responded to Democrats’ policy objectives.

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