A group of Democrat Senators said in a statement late Wednesday that the bill still fell “short” of where it needed to be to get their support, but that they would keep working on it with Republicans. Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, argued Wednesday that the policy as written would let Trump continue his crypto businesses largely untouched, and any improper activity would be ignored by his loyal Department of Justice and then legally fenced off from prosecution once he leaves office.

Other outstanding issues

Beyond ethics, lawmakers may continue to negotiate over illicit finance provisions, Lummis said.

“We think we’ve landed in a good place,” she said, because the effort addresses the Bank…