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Trump Officials’ $193 Million Crypto Holdings Prompt Divestments and Ethical Scrutiny

White House officials say appointees comply with ethics rules through divestments of digital assets

President Donald Trump arriving before speaking at a ceremony to sign the "Halt All Lethal Trafficking of Fentanyl Act," in the East Room of the White House, Wednesday, July 16, 2025, in Washington. (AP Photo/Evan Vucci)
President Donald Trump speaks during a ceremony to sign the "Halt All Lethal Trafficking of Fentanyl Act," in the East Room of the White House, Wednesday, July 16, 2025, in Washington. (AP Photo/Alex Brandon)
President Donald Trump, center, seated with Sen. Dave McCormick, R-Pa., left, and Jon Gray, President and Chief Operating Officer, Blackstone, right, at the "Inaugural Pennsylvania Energy and Innovation Event" at Carnegie Mellon University, Tuesday, July 15, 2025, in Pittsburgh. (AP Photo/Gene J. Puskar)
President Donald Trump speaks to the media after arriving at Joint Base Andrews, Tuesday, July 15, 2025, in Joint Base Andrews, Md., as Secretary of the Interior Doug Burgum, left, Secretary of Commerce Howard Lutnick and White House Press Secretary Karoline Leavitt, right, look on. (AP Photo/Evan Vucci)

Overview

  • Nearly 70 senior administration officials and nominees reported cryptocurrency or blockchain investments totaling at least $193 million in their financial disclosures.
  • President Donald Trump holds at least $51 million in digital assets and has urged Congress on Truth Social to pass legislation positioning the U.S. as a leader in digital assets.
  • Vice President J.D. Vance and seven Cabinet members or nominees disclosed combined crypto holdings of over $2 million.
  • Some appointees have sold or plan to sell their digital-asset stakes to prevent conflicts of interest, according to White House statements.
  • No previous U.S. president or Biden administration cabinet official reported crypto holdings, making this level of federal crypto exposure unprecedented.