A bipartisan ethics amendment aimed at President Donald Trump to facilitate the passage of the crypto market structure bill would require the president to divest from crypto-related businesses. The proposal would allow Trump to defer capital gains taxes on those divestitures, potentially saving him millions of dollars. Trump’s 2025 annual financial disclosure reveals he earned $1.4 billion in income from crypto-related ventures last year, including $635 million solely in royalties from the Official Trump memecoin. Democrats are concerned that this tax provision may raise questions about whether the president’s financial interests are genuinely curtailed. The White House did not respond to requests for comment.
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