Senator Elizabeth Warren has formally requested that President Donald Trump voluntarily disclose his 2026 cryptocurrency earnings by July 23, ahead of an expected Senate debate on the Digital Asset Market Clarity Act (CLARITY Act). The demand follows Trump’s 2025 financial disclosure, filed on June 30 under U.S. Office of Government Ethics rules, which revealed $1.4 billion in income from digital asset ventures including the Official Trump (TRUMP) token and his family’s crypto company, World Liberty Financial.
In a letter sent July 16, Warren argued that lawmakers need a current view of Trump’s crypto exposure as they consider legislation that could directly impact the value of those holdings. She specifically requested earnings and holdings information from January 1 through July 15, 2026, well before the next mandatory filing deadline in May 2027.
The ethics dispute now threatens to delay the CLARITY Act, a bipartisan bill that would establish federal rules for crypto markets, define asset classifications, and clarify oversight responsibilities between the SEC and CFTC. Senate Majority Leader John Thune has pledged a vote before the August recess, but passage requires 60 votes, and several Democratic senators have publicly refused to support the bill without clear ethics provisions, citing Trump’s crypto interests.
Warren’s letter stated: “without adequate guardrails, [CLARITY] would turbocharge the President’s significant conflicts of interest and almost certainly boost the value of his and his family’s crypto holdings.” The White House, through spokesperson Anna Kelly, rejected the conflict claims, noting that Trump’s assets are held in discretionary accounts managed by independent third parties. Trump himself, in a July 2 interview, insisted there was “nothing illegal” about earning money from his investments while in office.
The political standoff adds uncertainty to the legislative timeline. The House passed its version of the CLARITY Act in July 2025, but any Senate-amended bill would need to return to the lower chamber. House Financial Services Committee Chair French Hill described the legislation as “a bipartisan priority,” yet no Democratic lawmakers attended a related field hearing in New York on Friday.
Warren’s July 23 deadline is voluntary and carries no legal compulsion, but compliance would offer an unprecedented early look at the president’s crypto earnings months before the next required disclosure, potentially shaping both the ethics debate and the fate of crypto market structure legislation.
