Most Americans believe it is inappropriate for President Trump to proft from cyrptocurrency while he is president, according to a new poll.
In the Reuters/Ipsos poll, 63 percent of respondents said Trump and his family profiting from cryptocurrency is inappropriate, while 32 percent disagreed and 5 percent did not answer the question.
Last month, top Senate Democrats went after Trump for the over $1 billion in cryptocurrency-related income he reported last year, pushing for probes into national security consequences of the president’s digital asset holdings.
Earlier this summer, the Trump administration released the president’s financial disclosures, showing he made around $594 million from a crypto venture he started with his sons two years ago, World Liberty Financial. He also made another $635 million in connection with his meme coin.
Sens. Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Gary Peters (D-Mich.), Dick Durbin (D-Ill.) and Ron Wyden (D-Ore.) cited the income and unspecified “third parties” that own over half of World Liberty Financial as a source of concern.
In early July, Trump denied there was any illegality in large profits from cryptocurrency seen in his financial disclosure forms.
“I could know about it. I didn’t. There’s nothing illegal. There’s nothing wrong with it I could know,” Trump said in an interview with CNBC.
The Reuters/Ipsos poll took place Aug. 14-17 and featured 1,166 respondents. It has a margin of error of plus or minus 3 percentage points.