U.S. Senate Committee on Banking, Housing, and Urban Affairs

07/16/2026 | Press release | Distributed by Public on 07/16/2026 15:05

Warren Requests President Trump’s Updated Financial Disclosures Covering Full First Half of 2026 as Senate Considers Crypto Legislation

July 16, 2026

Warren Requests President Trump's Updated Financial Disclosures Covering Full First Half of 2026 as Senate Considers Crypto Legislation

"It is essential that Congress have access to the most accurate information possible while debating this legislation and considering ethics safeguards to prevent federal officials from inappropriately profiting from the very industries they are responsible for regulating."

"Your financial disclosure raises key questions about the appropriateness of Presidents, Vice Presidents, senior administration officials, members of Congress, and their families profiting off the crypto industry, just as the U.S. Senate debates crypto market structure legislation that has the potential to increase the value of your crypto holdings."

Text of Letter (PDF)

Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, sent a letter to President Donald Trump requesting an updated and comprehensive financial disclosure showing his cryptocurrency earnings. In her letter, Ranking Member Warren noted that doing so will provide Congress with information it needs to effectively address governmental ethics concerns as it considers crypto market structure legislation that, without adequate guardrails, would turbocharge the President's significant conflicts of interest and almost certainly boost the value of his and his family's crypto holdings.

On June 30, 2026, the Office of Government Ethics (OGE) released the President's annual public financial disclosure report for 2025. This report revealed that in 2025 alone, President Trump made roughly $1.4 billion from cryptocurrency ventures - more than double his total income in 2024, and more than any publicly traded American cryptocurrency company earned last year. Notably, this disclosure indicates that cryptocurrency now accounts for the vast majority of his income. The report also demonstrates the extent to which the Trump family has profited off of their cryptocurrency businesses.

"Your financial disclosure raises key questions about the appropriateness of Presidents, Vice Presidents, senior administration officials, members of Congress, and their families profiting off the crypto industry, just as the U.S. Senate debates crypto market structure legislation that has the potential to increase the value of your crypto holdings. Unfortunately, it is not an up-to-date reflection of your finances: it does not account for any changes that have taken place in recent months. You are not required to file information on your Annual Report for 2026 with OGE until May 15, 2027," the Ranking Member wrote.

Warren called on the President to voluntarily release an updated and comprehensive financial disclosure report that incorporates information through July 15, 2026 by July 23, 2026.

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