BlockBeats News, July 26th - According to Bloomberg, the approximately $1.4 billion in earnings that Donald Trump and his associates obtained through meme coins and token ventures has become the primary obstacle to the passage of the CLARITY Act. The Democratic Party is demanding stricter provisions to prevent the President from continuing to profit from the crypto industry regulated by his government. Trump needs the support of at least seven Senate Democrats to advance the bill.The Democrats oppose the Department of Justice being led by an Attorney General appointed by Trump as the primary enforcement agency for ethical reasons, and they are calling for state attorneys general to have independent enforcement authority. Bipartisan Senators Ruben Gallego and Thom Tillis are discussing a compromise, but Senate Majority Leader John Thune has indicated that the bill may not pass before the August recess.Critics argue that the current draft allows Trump to sell his significant stake in the crypto business or place it in a blind trust without mandating a sale. The provisions only apply when officials have a "direct interest" in crypto assets, and it remains unclear whether it applies to Trump, who indirectly holds around 38% of World Liberty Financial through DT Marks DEFI LLC. The bill also does not restrict government officials' children, and the ethical requirements are set to expire on January 20, 2029.In addition to ethical concerns, the Democrats are also calling for enhanced consumer protection and measures against illicit finance, while the banking industry is pushing for tighter restrictions on stablecoin incentives. The likelihood of the CLARITY Act passing this year has decreased to about 33%, roughly half of the probability of passage after the Senate Banking Committee supported an early version in May.