Schumer proposes anti-corruption bill, questioning US President Trump's conflict of interest in cryptocurrency investments

Senate Minority Leader Schumer proposed the Anti Corruption Agency Creation Act, which aims to establish a new agency with enforcement powers to regulate corruption in the executive branch. Schumer pointed out that US President Trump disclosed investment returns of over $2 billion in 2025, of which $1.4 billion is related to cryptocurrency, and his family holds over $1 billion in cryptocurrency funds associated with foreign governments. The White House Deputy Press Secretary responded by stating that there is no conflict of interest regarding US President Trump's investments.