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Senators Negotiate Ethics Rule Barring Officials From Crypto Deals

4/28/2026

Summary

Story summary

Senators are negotiating an ethics provision that would bar federal employees, including President Donald Trump, from sponsoring or issuing digital assets.
Democratic Senator Adam Schiff said negotiations are progressing as other bill parts coalesce.
Republican Senator Thom Tillis said he will not support the bill without the ethics language.
White House crypto policy adviser Patrick Witt is leading talks with Republican Senators Cynthia Lummis and Bernie Moreno.

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Story summary

Senators are negotiating an ethics provision that would bar federal employees, including President Donald Trump, from sponsoring or issuing digital assets.
Democratic Senator Adam Schiff said negotiations are progressing as other bill parts coalesce.
Republican Senator Thom Tillis said he will not support the bill without the ethics language.
White House crypto policy adviser Patrick Witt is leading talks with Republican Senators Cynthia Lummis and Bernie Moreno.