Unanimous Consent Request--S. 5389 (Executive Calendar)
Senator Warren asked the Senate by unanimous consent to take up and pass S. 5389, a bill that would bar top government officials from owning or controlling banks and would cancel a bank charter recently granted to a Trump-related company. She and Senator Blumenthal said the bill is needed because President Trump is making billions of dollars from crypto ventures and a bank while also being in a position to regulate banks. Senator Lummis objected to the request, saying it was an unfair attack on President Trump and his family, that the bill has technical flaws, and that it would let the government monitor people’s bank accounts for political reasons; she added that the Clarity Act, scheduled for a vote the next day, already includes ethics provisions requiring the president to divest crypto assets or place them in a blind trust and to disclose sales. No consent was given, and the bill was not taken up.Written by AI from the debate. Updated .
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