Source: The American Prospect
by Eleanor Davis-Diver
“In a bombshell financial disclosure report released last week, Donald Trump revealed he brought in $1.4 billion from cryptocurrency ventures in the first year of his second term. A Reuters analysis last month found that, since the 2024 election, the Trump family generated more profit from crypto than any other crypto firm listed in the United States. While raking in this cash from the family business, Trump oversaw the passage of the GENIUS Act, unleashing barely regulated stablecoin onto the American financial system. And Congress, with the administration’s support, is currently working to pass the CLARITY Act, which would strip investor protections and hand over crypto regulation to an overmatched, historically ineffective agency under Trump’s control.” [editor’s note: Dramacrats got a lot of nerve … ignore the insider trading and other corruption that makes them rich, while fighting to keep someone with actual ongoing businesses (in blind trusts) from any further success – SAT] (07/06/26)