Trump announces first Republican midterm convention in Dallas
Trump reported significant income from cryptocurrency ventures in a financial disclosure. He also announced a midterm convention for the Republican Party. (sources: nbcnews, cbsnews, nytimes)
Trump disclosed over $1 billion in income from crypto ventures and announced that the Republican Party will hold its first midterm convention in Dallas, Texas.
- The Republican midterm convention will take place in September.
- This will be the first national convention for the GOP during a midterm election year.
- Trump's financial disclosure includes substantial earnings from cryptocurrency and meme coins.
Why it matters
The announcement marks a significant organizational effort by the Republican Party ahead of the midterm elections.
↓ Congress can act on this
7 bills on this issue are moving right now — and the most active one is S.1668: End Crypto Corruption Act of 2025.
S.1668 · 119th Congress
End Crypto Corruption Act of 2025
Where do you stand on this bill?
Takes about 60 seconds
About this bill
What S.1668 actually does
This story is about Trump announces first Republican midterm convention in Dallas. This bill would bar covered officials from issuing, sponsoring, or endorsing cryptocurrencies, meme coins, tokens, NFTs.
If passed, it would:
- bar covered officials from issuing, sponsoring, or endorsing cryptocurrencies, meme coins, tokens, NFTs • add civil and criminal penalties, including disgorgement and possible imprisonment.
6 other bills moving on this issue
Take action on any of them individually.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would require disclosure of crypto, meme coins, tokens, NFTs, stablecoins, and similar digital assets above the reporting.
If passed, it would
- require disclosure of crypto, meme coins, tokens, NFTs, stablecoins • require permitted stablecoin issuers to certify that no public official is profiting from their issuance.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would add trade-monitoring, recordkeeping, customer-asset, and AML-related requirements for covered market participants.
If passed, it would
- create a federal market-structure framework for digital commodities, exchanges, brokers, and dealers • add trade-monitoring, recordkeeping, customer-asset, and AML-related requirements for covered market participants.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would establish digital-asset prohibitions for elected government officials.
If passed, it would
- establish digital-asset prohibitions for elected government officials • create a direct House vehicle for committee oversight and possible guardrails on officeholder-linked crypto activity.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would prohibit the President, Vice President, Members of Congress, and other officials from engaging in or benefiting from.
If passed, it would
- prohibit the President, Vice President, Members of Congress, and other officials from engaging in or benefiting from • impose disgorgement, fines, and possible prison time for violations.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would make it unlawful to issue, promote, market, or sell a digital asset using the identifiable traits of covered officials when.
If passed, it would
- make it unlawful to issue, promote, market, or sell a digital asset using the identifiable traits of covered officials • establish SEC oversight for that conduct.
This story is about Trump announces first Republican midterm convention in Dallas. This bill would require presidential and vice-presidential disclosure of financial interests and tax returns.
If passed, it would
- require presidential and vice-presidential disclosure of financial interests and tax returns • require divestiture of potentially conflicting interests through a qualified blind trust.