Trump stalls CLARITY Act as ethics dispute threatens Senate vote
The CLARITY Acts chance of becoming law in 2026 has fallen to 31% on Polymarket as the White House withholds support for a disputed ethics provision. Crypto In America reported that the White House had not approved the ethics language as of July 20, despite President Donald Trump meeting Republican senators last week to discuss the crypto market structure bill. Sources cited by the outlet also said the administration has not explained which ethical limits it would accept. Without a clear position from the White House, Senate negotiators may need more time to prepare an updated version of the legislation, according to the report. The delay could disrupt Republican plans to bring the CLARITY Act to the Senate floor before lawmakers leave Washington for their August recess. Senate Majority Leader John Thune wants to schedule a floor vote before August, but he has acknowledged that Republicans have not secured a bipartisan agreement. Under Senate rules, the party would need Democratic support to overcome procedural barriers and advance the legislation. Democrats have demanded restrictions on elected officials‘ involvement in digital assets, with their concerns focused mainly on Trump’s crypto interests. According to the presidents financial disclosure, his digital-asset ventures generated as much as $1.4 billion