US Senator Warren asks Trump to disclose his crypto positions within a week, saying complete information is needed before legislation is enacted

According to BitcoinNews, U.S. Senator Elizabeth Warren asked President Trump to voluntarily disclose his cryptocurrency income and positions from January 1 to July 15, requiring it to complete by July 23. In a July 16 letter, the top member of the Senate Banking Committee argued that Congress could not fairly debate cryptocurrency legislation with only a partial disclosure of the president's financial exposure to the industry. The request comes as the Senate considers the CLARITY Act, and Warren believes lawmakers need to keep up to date on Trump's crypto interests before advancing legislation that could directly affect the value of Trump's positions. Warren said the concern is not just that the president holds digital assets, but that legislation under consideration in Congress may materially benefit businesses and investments related to the president, and these benefits have only been partially disclosed.