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Republicans have woven ethics restrictions into the Clarity Act that would give President Donald Trump one year to divest or blind-trust his digital-asset holdings, but Democrats say the provisions miss the one gap that matters most: his sons' businesses stay exempt.
Trump's income from crypto-linked ventures rose by about $1.4 billion in his first year back in the White House, according to his financial disclosure forms, making the conflict-of-interest question concrete.
The upper chamber is racing toward a monthlong August recess, and Senate Majority Leader John Thune has already acknowledged the bill may not reach the floor in time.
What the provisions require The ethics package was drafted by Sens. Cynthia Lummis (R-Wyo.) and Bernie Moreno (R-Ohio) with White House sign-off.
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