CNBC host criticizes Senator Angela Alsobrooks for stalling the Clarity Act over Trump crypto concerns

A CNBC host took aim at Senator Angela Alsobrooks (D-Md.) for what they characterized as blocking the Digital Asset Market Clarity Act to make a political point about the Trump family’s crypto dealings. The accusation cuts to the heart of a growing rift in Washington: can Congress regulate digital assets without first settling the question of whether the president’s family should be allowed to profit from them? A bill that almost made it The Clarity Act cleared the Senate Banking Committee with a 15-9 vote on May 14-15, 2026. Senator Ruben Gallego (D-Ariz.) was the only other Democrat to support advancing the bill. Alsobrooks, who initially backed the legislation, began laying out conditions for her continued support. On June 3, 2026, she appeared on CNBC’s Squawk Box and articulated what she wanted: enhanced provisions addressing ethics and illicit finance. The core of her concern centered on an estimated $1.4 billion in profits linked to President Trump and his family members’ digital asset activities. Updated bill, same impasse Between July and September 2026, the bill’s authors attempted to thread the needle. Updated text incorporated ethics language and a 2029 sunset clause, a...