Don Beyer opposes crypto tax bill, accuses Trump of corruption

A House committee advanced a crypto tax bill on September 16, 2026, and the vote was about as tidy as it sounds on paper: 38 to 5. But the five-vote dissent came with a speech, a set of proposed amendments, and a corruption accusation aimed directly at the sitting president. Rep. Don Beyer (D-Va.) used the House Ways and Means Committee markup of the Digital Asset Tax Certainty Act to make his position unmistakably clear, accusing President Trump of exploiting the presidency for personal financial gain in the crypto space. What the bill actually does The Digital Asset Tax Certainty Act, introduced as H.R. 10357 by Rep. Jason Smith (R-Mo.), is built around one core premise: the current tax treatment of digital assets creates more confusion than clarity. The bill’s most discussed provision is a $10 de minimis exemption for transaction fees. In practice, that means small crypto purchases or transfers wouldn’t trigger a taxable event every time a user pays a minor network fee. Beyer’s case against the bill Beyer’s objections ran deeper than standard opposition-party dissent. He proposed amendments that would prohibit top government officials from holding or profiting from digital asset...