Key facts
- 63% of Americans believe President Trump and his family have inappropriately profited from cryptocurrency ventures since his return to power.
- 69% of Americans think Trump's private business interests influence his presidential decisions.
- President Trump will host cryptocurrency executives at the White House on Wednesday.
- The SEC proposed rules to exempt certain token offerings from securities regulations.
- Trump claims his investments are managed independently and the White House dismisses allegations of impropriety.
A new Reuters/Ipsos poll indicates that a majority of Americans believe President Donald Trump and his family have inappropriately profited from cryptocurrency ventures since his return to power, with 63% of respondents holding this view. Additionally, 69% of Americans, including half of Republicans, believe Trump's private business interests influence his presidential decisions.
Trump, who reportedly earned over $1.4 billion last year from family cryptocurrency ventures, is scheduled to host cryptocurrency executives at the White House on Wednesday. The event coincides with U.S. financial regulators advancing their framework for digital assets. The Securities and Exchange Commission (SEC) proposed rules to exempt certain token offerings from securities regulations, while the Commodity Futures Trading Commission (CFTC) is set to discuss crypto regulation.
Trump maintains that he has had no day-to-day role in his family's business and that his investments are managed independently. The White House has dismissed allegations of impropriety. Experts on presidential ethics have described the current intersection of business and politics in the White House as unprecedented. The poll surveyed 1,166 U.S. adults nationwide between August 14 and August 17.