U.S. Senator Elizabeth Warren (D-Mass.), a long-standing critic of the cryptocurrency industry, has called for new legislation to prevent President Donald Trump from personally profiting from his crypto-related business activities. Her demand follows the release of Trump’s annual financial disclosure for 2025, filed with the U.S. Office of Government Ethics, which reported that the president earned approximately $1.4 billion from his cryptocurrency ventures last year.
Warren’s Legislative Push
Warren, who has consistently advocated for stricter oversight of digital assets, argued that the scale of Trump’s crypto earnings creates an unprecedented conflict of interest. In a statement, she said that no president should be able to use public office to enrich themselves through loosely regulated financial markets. The proposed legislation would aim to restrict or prohibit a sitting president from holding or profiting from cryptocurrency businesses, though specific details of the bill have not yet been released.
The senator’s office emphasized that the measure is intended to close ethical loopholes in existing federal conflict-of-interest laws, which were written before the rise of digital currencies. Warren has previously introduced bills targeting crypto money laundering and consumer protection, making this the latest in a series of regulatory efforts she has championed.
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