President Trump hosted cryptocurrency industry leaders on August 19–20, 2026, and called on Congress to pass major crypto legislation favoring industry interests. Trump has accumulated approximately $1.4 billion in cryptocurrency wealth, raising conflict-of-interest concerns.
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President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.
“… a vivid display of Mr. Trump’s tangled relationship with the crypto industry, a business that brought in $1.4 billion for him last year, creating enormous conflicts of interest.” Trump, Who Has Amassed Enormous Wealth in Crypto, Hosts Industry Leaders www.nytimes.com/2026/08/19/u... President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry