White House Adviser Criticizes Trump’s Crypto Ethics Compromise

crypto ethics compromise — A White House adviser on digital assets has criticized former President Donald Trump for relinquishing what he called ‘historic’ ethics powers in a recent legislative compromise over crypto regulation.

The comments were made by a senior adviser to President Joe Biden at a Washington event on September -1, 2026, following the release of new compromise language for the Financial Innovation and Technology for the 21st Century Act, commonly known as the FIT21 or Clarity Act.

The adviser argued that the compromise language, which was negotiated between House and Senate leaders, represents a significant concession by Trump and his allies. He framed the ethics provisions as a core safeguard that has now been weakened in the final stages of the bill’s path toward potential passage.

The event highlighted the ongoing political tensions surrounding the landmark crypto legislation, which seeks to establish a comprehensive regulatory framework for digital assets in the United States. The critique underscores the high-stakes debate over the balance between fostering innovation and implementing strong consumer and market protections.