CLARITY Act

President Trump will meet senators as negotiations over the CLARITY Act's ethics provisions threaten the bill's chances of passing before the August recess.

White House crypto adviser Patrick Witt will begin military leave later this month as the Senate enters a critical final stretch to pass the Clarity Act before the August recess.

President Trump urged the Senate to pass the CLARITY Act before the August recess as lawmakers face a narrowing window and unresolved political hurdles.

Rep. French Hill urged the Senate to vote on the CLARITY Act before the August recess, arguing the bill would establish a transparent crypto market framework that addresses ethics concerns surrounding President Trump's digital asset ventures.

CFTC Chairman Michael Selig urged Congress to pass the Clarity Act before the August recess, saying the crypto market-structure bill is "so close" despite ongoing disputes over ethics and stablecoin provisions.

SEC leaders Hester Peirce and Paul Atkins said the U.S. is moving toward clearer crypto rules and freer capital markets, with Peirce expecting the Clarity Act to pass this summer and Atkins reaffirming the Trump administration's push to make America the global crypto hub.

JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risks and undermine financial stability.

Clarity Act enters a critical two-week stretch as Senate negotiators race to resolve disputes over Trump ethics provisions, law enforcement concerns, and market structure rules before a narrow pre-August recess window for a floor vote.

Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress's August recess and mounting legislative uncertainty.

Law enforcement groups and Catholic leaders warned that the CLARITY Act’s Section 604 could create regulatory and AML loopholes by exempting certain crypto developers and infrastructure providers from money transmitter rules.