Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg

CryptoInfo Editorial Team · Published on August 07, 2026 at 05:04 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→The proposed ethics deal would require Trump to divest his crypto businesses.
→Trump could defer capital gains taxes on the sales of these businesses under the proposal.
→The deal could reportedly save Trump millions in taxes.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

A proposed bipartisan ethics proposal could reportedly save Trump millions in taxes. According to reporting from CoinTelegraph, the deal would require Trump to divest his crypto businesses.

The proposal, as reported, would also allow Trump to defer capital gains taxes on the sales of these businesses. This could result in significant tax savings for Trump.

Source: CoinTelegraph ↗