A new Public Citizen report finds Trump's crypto ventures — meme coin, governance tokens, and NFT trading cards — left retail investors $4.7 billion in the hole while the president collected $635 million in licensing fees on assets he acquired without investing a dollar.
Sixty-three percent of Americans believe the president profited illegally from crypto. Nearly half of his own party agrees his business interests are shaping policy decisions. Democrats are running on it. The accountability mechanism to act on any of it remains largely absent.
The CLARITY Act would curb Trump's crypto self-dealing. The moderate Democrats backing it are also cashing checks from the industry they'd constrain — exposing a donor dependency that makes the party's anti-corruption posture largely ceremonial.