Trump's 2025 crypto earnings estimated at $1.4 billion amid CLARITY Act Senate dispute

Odaily Planet Daily reports: On July 30, minority staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs released a new analysis presenting Democratic objections to the revised draft of the CLARITY Act. The analysis states that Donald Trump earned approximately $1.4 billion in crypto-related income in 2025, and current ethics provisions still permit him to retain these business arrangements. The analysis examined in detail World Liberty Financial, the TRUMP meme coin, cryptocurrency investments, staking income, and other business activities, concluding that provisions restricting officials from issuing or endorsing digital assets would not materially affect the above financial arrangements. Staff estimated that revenue related to World Liberty Financial amounted to approximately $799 million, while TRUMP meme coin revenue totaled approximately $635 million. Trump’s annual financial disclosure filings list a royalty agreement related to Celebration Coins via CIC Digital LLC, generating $635.1 million in royalties, and disclose Bitcoin and Ethereum wallets each valued at over $50 million, as well as validator rewards earned through a Coinbase staking agreement. The Senate draft of the CLARITY Act proposes to prohibit covered officials and their spouses from issuing or endorsing digital assets for compensation during specified periods, while providing exceptions for qualified blind trusts, unauthorized third-party activities, continued use of an official’s likeness, and retention of digital asset investments.