Senate Democrats Demand Ethics Rules for Crypto Lawmakers

Three Democratic senators have expressed opposition to the Digital Asset Market Clarity Act (CLARITY Act) unless stronger ethics rules are added, covering senior officials and their families. Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen tied their opposition to President Donald Trump's crypto businesses.

Murphy claimed that Trump earned $1.4 billion from crypto in 2025, and stated 'There is no reason to pass a new regulatory system for crypto if this system does not stop Trump's corruption.' Merkley called for restrictions covering the president, vice president, Cabinet officials, members of Congress, and their families.

Senator Elizabeth Warren has also made similar demands, calling for restrictions on crypto profits involving senior government officials. Senate Majority Leader John Thune committed to a vote before August recess, but timing and Democratic support remain uncertain.