Senate Minority Leader Chuck Schumer Introduces Watchdog Bill Citing Trump’s $1.4B Crypto-Linked Investment Income

U.S. Senate Minority Leader Chuck Schumer has introduced legislation to establish an agency dedicated to combating corruption within the executive branch, citing President Donald Trump’s financial disclosures showing more than $2 billion in investment income for 2025, including approximately $1.4 billion tied to cryptocurrency.

The bill also points to the Trump family’s ownership of a cryptocurrency fund valued at more than $1 billion that it says is linked to foreign governments. Senators Andy Kim, Jeff Merkley, and Alex Padilla have joined Schumer as cosponsors of the legislation.

Source: Cointelegraph