Trump Family’s Crypto ‘Conflicts Of Interest’ Are Coming In The Way Of Law Meant To Regulate Digital Assets, Says Gregory Meeks
Posted On June 5, 2025
The involvement of President Donald Trump’s family in the cryptocurrency industry was creating problems in the progression of a bill designed to regulate the sector, a senior Democratic legislator said on Wednesday.
What Happened: The House Financial Services Committee hearing, focused on the Digital Asset Market Clarity Act, also known as the CLARITY Act, witnessed Democrats expressing concerns about Trump’s engagement with cryptocurrencies.
Rep. Gregory Meeks (D-N.Y.) said, “I wish we could be debating the merits of the CLARITY Act, but the President and his family’s egregious crypto conflicts of interest cannot be ignored.”
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