[U.S. Senator Schumer Proposes Establishment of Anti-Corruption Agency, Targets Trump's Crypto Business] According to Cointelegraph, U.S. Senate Minority Leader Chuck Schumer has introduced the 'Anti-Corruption Agency Establishment Act,' proposing the creation of a new agency focused on addressing corruption within the federal government. The agency would be empowered to 'investigate, enforce, and prevent corruption in the executive branch,' composed of seven bipartisan members confirmed by the Senate, with 'real enforcement authority.' It would consolidate the Federal Election Commission, the Office of Government Ethics, and the Office of the Special Counsel 'under one roof.' In the bill, Schumer specifically named Trump, highlighting his disclosure of over $2 billion in investment gains by 2025 (of which $1.4 billion is crypto-related) and noting that his family holds over $1 billion in crypto funds linked to foreign governments. The White House Deputy Press Secretary responded, stating that Trump's investments 'do not present a conflict of interest.'