Trump backs Senate crypto bill in Graham’s name, while Warren calls for robust guardrails

Trump urged the Senate to pass the Clarity Act to regulate cryptocurrency, calling it in honor of Lindsey Graham and warning against foreign influence; Sen. Elizabeth Warren countered that ethics guardrails are needed to prevent the president and top officials from profiting from crypto, citing Trump’s past crypto ventures. Sen. Cynthia Lummis endorsed the push, and Graham is viewed as a supporter of related crypto legislation, while the White House says actions are in the public interest and denies conflicts of interest.