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Trump reports over US$1.4bn in crypto income, raising fresh ethics scrutiny

Trump reports over US$1.4bn in crypto income, raising fresh ethics scrutiny

Trump reports over US$1.4bn in crypto income, raising fresh ethics scrutiny

Ethics questions return to centre stage

The disclosure is likely to renew debate in Washington over presidential ethics rules, particularly because Trump’s business interests are overseen by his children while he remains the beneficiary of assets held in a trust that receives income from those businesses.

Don Fox, a former acting head of the federal ethics office, told Reuters that presidents and vice presidents are exempt from some conflict-of-interest laws that apply to other executive branch employees, but said Trump’s approach had broken sharply with post-Watergate norms.

The issue has political significance beyond Trump’s personal finances, as it touches on…

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