Trump’s crypto push faces conflict scrutiny as Witkoff discloses $107 million income

  • Trump urged Congress to pass the CLARITY Act by September 15.
  • $107 million was Witkoff’s reported 2025 income from a World Liberty-linked holding company.
  • Democrats demanded ethics rules addressing Trump’s crypto holdings before supporting the bill.

U.S. President Donald Trump is pressing Congress to pass the CLARITY Act by Sept. 15, while Democrats are seeking ethics provisions addressing his crypto holdings before supporting the bill. An Arkham estimate cited in the report put Trump’s 2025 crypto income at $1.4 billion, a figure that differs from earlier disclosure figures of $526 million from token sales and $65 million from equity sales. Steve Witkoff, the president’s special envoy for the Middle East and Ukraine, disclosed nearly $107 million in 2025 income from a holding company tied to World Liberty Financial, the crypto venture operated by his son and Trump’s three sons. About $69 million came in cash and $38 million in crypto, more than three times his reported income from the entity a year earlier. Witkoff reported more than $400 million in assets, including $120 million from selling his stake in his real estate firm. The White House says he has fully divested and that his commercial activities do not affect his diplomatic work. World Liberty is also seeking to launch a bank backed in part by a fund connected to the UAE’s national security adviser, whom Witkoff has met as an envoy, and has drawn scrutiny over a partnership with a Hong Kong AI platform running Chinese models.

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