Summary
A bipartisan counteroffer for ethics language in a major cryptocurrency bill proposes requiring President Donald Trump and other federal officials to divest ownership stakes in digital asset companies if they exceed $1 million and represent 10% or more of the firm's value. This proposal, sent to the White House by Senators Thom Tillis and Ruben Gallego, aims to address concerns about the Trump family's crypto businesses and is a key sticking point in advancing the Clarity Act.