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Billions of dollars in crypto earnings, self-disclosed by Donald Trump in 2025, are the figure Senator Chuck Schumer's proposed legislation is built around.
The bill would create a new federal agency to police corruption, with Trump's crypto ventures and his family's business ties to foreign governments named directly as the justification.
What the bill proposes Schumer's legislation calls for a dedicated federal body to address corruption. That is a structural response, not a reporting requirement.
Trump's 2025 crypto disclosures are cited in the bill as the named catalyst, with the earnings figure running into the billions.
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