Trump’s Crypto Ethics Deal Could Save Him Millions in Taxes as CLARITY Act Hangs in the Balance

TLDR

• A bipartisan ethics proposal would require Trump to divest from crypto businesses as part of the CLARITY Act
• The deal could allow Trump to defer capital gains taxes on those sales, potentially saving him millions
• Trump earned $1.4 billion from crypto ventures in 2025, including $635 million from TRUMP memecoin royalties
• The Senate must pass the bill before a month-long recess beginning Friday, requiring 60 votes
• Several senators from both parties have raised concerns, leaving the bill’s passage uncertain

Senators Thom Tillis and Ruben Gallego sent ethics language to President Trump last week that would require him to sell off his crypto-related businesses. The provision is now tied directly to passing the CLARITY Act, the first comprehensive federal crypto regulation in US history.

Could The CLARITY Act Save Trump Millions In Taxes?

New ethics language tied to the CLARITY Act could allow US President Donald Trump to defer millions in federal taxes, Bloomberg reported.

The proposal would require Trump to divest from crypto related businesses. Bloomberg… pic.twitter.com/yW0wrvyAtI

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