I am writing to urge you to oppose the CLARITY Act and any cryptocurrency legislation that fails to address the growing corruption surrounding President Trump’s financial ties to the crypto industry.
At a time when President Trump is actively profiting from cryptocurrency ventures and creating unprecedented opportunities for wealthy individuals, corporations, and even foreign actors to funnel money into businesses tied to him, Congress should not be advancing legislation that further expands and legitimizes the industry without addressing these conflicts of interest.
The CLARITY Act would create significant new opportunities for the crypto industry while failing to include meaningful safeguards against corruption, conflicts of interest, market abuse, or foreign influence. As written, the current bill doesn’t include a comprehensive ethics fix. While it restricts officials and their spouses from issuing or sponsoring digital assets for consideration, it doesn’t stop the main ways President Trump has accumulated, and will continue to accumulate, crypto wealth. It also does not exclude his children or other officials' children from benefiting either.
Finally, it does not clearly or comprehensively require him to divest from the businesses, revenue-sharing arrangements, licensing rights, or family entities that generated the reported $1.4 billion in income from his family’s crypto ventures in 2025.
Congress should strengthen oversight and accountability, not weaken them. Americans deserve a financial system that protects consumers and investors, not one that enables powerful interests to buy access and influence.
I expect you to stand against corruption and vote NO on the CLARITY Act.
Thank you for your time and consideration.
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