According to Charles Hoskinson, the launch of the TRUMP token allegedly derailed a potential 70-vote Senate majority for the CLARITY Act. Hoskinson argued that the token's launch, just before President Donald Trump's inauguration, shifted crypto policy into a partisan issue. He also linked the token to the Bitcoin-only rally of 2025, claiming government interference and the Trump scandal diverted capital from altcoins to BTC. However, reports suggest that crypto had already become intertwined with Trump's interests before the token's launch. Despite the controversy, the House approved the GENIUS Act for stablecoins and the Digital Asset Market Structure CLARITY Act with bipartisan votes, though not unanimously. Some Democrats opposed the package, viewing it as too industry-friendly and entangled with Trump's ventures.

According to Charles Hoskinson, the launch of the TRUMP token allegedly derailed a potential 70-vote Senate majority for the CLARITY Act. Hoskinson argued that the token's launch, just before President Donald Trump's inauguration, shifted crypto policy into a partisan issue. He also linked the token to the Bitcoin-only rally of 2025, claiming government interference and the Trump scandal diverted capital from altcoins to BTC. However, reports suggest that crypto had already become intertwined with Trump's interests before the token's launch. Despite the controversy, the House approved the GENIUS Act for stablecoins and the Digital Asset Market Structure CLARITY Act with bipartisan votes, though not unanimously. Some Democrats opposed the package, viewing it as too industry-friendly and entangled with Trump's ventures.