Senate Republicans have proposed ethics rules within the CLARITY Act that would restrict President Trump and other senior US officials from maintaining significant cryptocurrency business ties. The measure is intended to address concerns over conflicts of interest while allowing a wider bill regulating digital-asset markets to advance, but Democrats say the safeguards remain inadequate.

The draft restrictions would expire in 2029, be implemented within a year and be enforced by the Justice Department. Democrats want stronger rules on ethics, consumer protection, illicit finance and market integrity, and question whether an executive department can impartially police the president; the bill needs 60 Senate votes, requiring Democratic support. Trump reported more than $1.4 billion in crypto-related income in 2025, intensifying scrutiny of his business interests.