Democratic senators have urged hearings into President Trump's ties to the cryptocurrency industry. They cited national security concerns and pointed to more than $1.2 billion in profits Trump reportedly earned from crypto last year.
Top Democrats on key Senate committees demanded inquiries into the matter. The calls come amid ongoing discussions about the CLARITY Act.
Senators highlighted potential national security implications from Trump's connections to crypto. They urged lawmakers to examine these ties through formal hearings.
The request focuses specifically on profits Trump made in the crypto sector during the previous year. No timeline for the proposed hearings has been set.
