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Tell the Senate: Pass Real Anti-Corruption Rules on Crypto

Donald Trump and his family are cashing in on crypto while his administration helps decide the rules.

Now the Senate is preparing to vote on the CLARITY Act, major legislation that could reshape the crypto industry — and potentially make politically connected insiders even richer.

Senators have already pushed stronger ethics protections into the bill, including new rules aimed at forcing officials with significant crypto interests to divest or use blind trusts. That is real progress. But the Senate should not stop halfway.

Politicians should not be able to write rules that can boost their own investments.

If a president or senior official owns crypto, decisions about regulation, enforcement, banking access, taxes, and market rules can raise or lower the value of those holdings.

The latest compromise reportedly applies key divestment and blind-trust requirements to certain “significant” financial interests. Senators must make sure those thresholds and definitions do not become loopholes that let powerful officials keep lucrative stakes while claiming they followed the rules.

The bill also needs strong coverage of relevant family financial interests and truly independent enforcement. Anti-corruption rules mean little if political allies can look the other way when someone at the top breaks them.

Officials with meaningful crypto interests should have to sell them, place them in a genuinely independent blind trust, or stay out of decisions that could affect their wealth. Relevant holdings and transactions should be disclosed, and violations should carry real consequences.

This is about a basic rule everyone can understand: public officials should serve the public, not use public power to protect or grow their own investments.

Now is the time to ensure they face real accountability.

Thanks for all that you do,
Matt from the Swarm