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US inflation jumps, though long-term war impact yet to be seen Hospitals consider replacing some radiologists with AI Amazon takes a jab at Nvidia over chips shift VCs step in to fund university upstarts Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it Exclusive: AI powerhouses threaten data processing firms A South African artist is changing the way viewers understand Picasso’s Guernica Airbnb faces familiar battle in Cape Town First look at war-related inflation sparks political jostling View: China’s state businesses are reshaping markets in Africa US issues Nigeria travel warning over terrorism, kidnapping FirstRand exits UK business after regulatory hit Afreximbank’s $800M answer to Fitch Exclusive: Navy takes nuclear-powered sub offline after $800 million cost run-up Cuba leader says he will not step down Fed, Treasury summon Wall Street chiefs over AI fears How Bluesky earned its reputation — and why it could be the way of the future China eyes stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds
Exclusive: Pressure builds for crypto ethics compromise
Eleanor Mueller · 2026-06-03 · via Semafor

The Trump administration is increasingly acknowledging that failing to strike a deal with Democratic senators on the president’s ability to profit from cryptocurrency will likely prevent sought-after digital asset legislation from passing, people familiar with the talks told Semafor.

“There are a lot of people on Capitol Hill who recognize that it’s a gating function,” one of the people said of a deal. Now, “it’s being recognized by the administration that it’s a gating function, too.”

The issue has so far been elevated to senior White House officials, though not Donald Trump himself. “We’re at relatively early stages,” a White House official told Semafor, who said officials are discussing “how to protect the interests of the administration and the constitutional separation of powers, and to get this bill done.”

As policymakers sift through other outstanding issues like illicit finance, at least one Democratic senator has urged a face-to-face meeting with Trump on ethics. But potential contours of a deal remain unclear.

Restrictions on presidents themselves are not expected to impact ventures like the Trumps’ World Liberty Financial. Restrictions on presidents’ families, however, would be a different story.

“I don’t want to forecast any timeline” for a resolution, the White House official said. “I think we’re cautiously optimistic about getting something satisfactory, but we’re cautiously optimistic in all sorts of situations.”