Trump's latest midterm move could reward Bitcoin holders

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTArjun ParasharWed, August 12, 2026 at 7:25 PM GMT+2 3 min readU.S. President Donald Trump is weighing a push to reduce capital gains taxes, a move that could allow investors — including cryptocurrency holders — to keep more of their profits when selling appreciated assets.Trump is considering calling on Congress to index capital gains to inflation and expand tax exemptions for some home sales ahead of November's midterm elections, Bloomberg reported on Wednesday.Former National Economic Council Director Larry Kudlow, now a Fox Business host, said he recently discussed indexing capital gains with Trump, while current NEC Director Kevin Hassett said the president was looking at additional policies to put before voters. Hassett discussed the idea on the Aug. 11 episode of Kudlow's Fox Business program.