Sources close to Bloomberg revealed Thursday that a bipartisan ethics amendment in the US framework bill on cryptocurrencies would force President Donald Trump to divest from his sector companies. This forced divestiture measure would grant him a significant tax benefit by allowing him to indefinitely defer paying capital gains taxes on his digital assets.
The mechanism would prevent the president from having to immediately pay the 20% federal levy on his capital gains, opening up the possibility of fully reinvesting the proceeds. The exemption carries substantial weight in the market considering that Trump reported $1.4 billion in earnings from crypto and memecoin ventures in 2025, alongside holding a key stake in World Liberty Financial.
The agreement on these ethics clauses aims to unlock the consensus needed to pass the long-awaited Clarity Act in the Senate. As a next step, lawmakers will push for a procedural vote before the August recess, while potential additional adjustments to the text are evaluated.
Source: https://goo.su/6RFuF
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