White House crypto adviser says Trump gave up 'historic' ethics powers in compromise

A White House crypto adviser said President Donald Trump surrendered what the adviser described as "historic" ethics powers as part of a compromise, remarks made at an event in Washington. The comment framed the change as a concession tied to a negotiated agreement. The adviser delivered the statement the day after lawmakers circulated new compromise language for the Clarity Act. That timing linked the remark directly to recent movement on the bill's text. Observers and participants in the legislative process may view the comment as relevant to discussions about executive authority and the details of the Clarity Act compromise. The adviser’s characterization highlights how negotiation over the bill is intersecting with questions about presidential ethics powers. The available report focuses on the adviser’s statement, its timing and the association with the Clarity Act compromise language; it does not include further detail about which specific ethics authorities were at issue or the exact provisions in the updated bill language.