Capitol Hill braces for ethics clash over Trump-linked crypto deals

Democrats are pressuring a bipartisan digital assets bill to include ethics guardrails after a $500 million Abu Dhabi–backed investment in a Trump-linked crypto venture provoked fresh concerns, setting up a high-stakes clash with the White House and Republicans who want to move the bill forward. Speakers like Sen. Cory Booker and Sen. Adam Schiff say ethics provisions must apply to Trump as to any other federal employee, while Republicans signal willingness to negotiate but largely defer to the White House. The outcome hinges on securing Democratic votes and resolving a separate banking-crypto lobbying dispute as the bill’s fate heads to the Senate floor.