Search results for Ron Wyden
Crypto
Trump earned over $1.4 billion from crypto business but asset allocation shows focus on stocks and bonds
U.S. President Donald Trump made more than $1.4 billion last year through a family-linked cryptocurrency business, but his personal wealth growth was concentrated in traditional assets such as stocks and bonds, a newly released 2025 financial disclosure showed. His stock and bond portfolio was valued at $703 million to $2.6 billion at end-2024, up sharply from a year earlier. Democrats renewed conflict-of-interest concerns and urged a Senate hearing.
Crypto
U.S. CLARITY Act revised draft expected this week as ethics provision stalls ahead of Senate vote
The U.S. Senate may release a merged draft of the CLARITY Act, a broad bill to regulate crypto market structure, this week. Work to combine versions prepared by the Senate Banking and Agriculture committees is nearing completion, but negotiations continue over key provisions, including ethics rules and the scope of decentralized finance regulation. A floor vote timeline remains uncertain as lawmakers debate which digital asset intermediaries should face registration, surveillance and anti-money laundering obligations.
Crypto
U.S. CFTC chair urges Congress to pass CLARITY Act
Michael Selig, a commissioner at the U.S. Commodity Futures Trading Commission, urged Congress to quickly pass the CLARITY Act, a crypto market structure bill. He warned that further delays could leave regulators setting rules agency by agency without a comprehensive federal framework. Negotiations in the Senate are in the final stage, with debates continuing over ethics provisions tied to Donald Trump’s family crypto business, DeFi regulation, illicit finance measures and developer protections, including Section 604 and the BRCA.
