Trump meets with advisers over CLARITY ethical provisions; procedural vote in the Senate next Tuesday will determine life or death
Insiders say that on Friday local time, U.S. President Trump met with advisers to discuss drafting government ethics provisions to be included in the proposed “Crypto Market Structure Act” (the CLARITY bill). There will be a procedural vote in the Senate next Tuesday, and the result will directly determine whether the bill can proceed.
Democrats are calling for the legislation to spell out ethics language applicable to government officials, limiting the room for Trump to profit from his family’s cryptocurrency business. The outcome of the meeting and the attendee list have not yet been made public, and the White House did not immediately respond late Saturday.
Trump’s senior crypto policy adviser Patrick Witt posted on X on Saturday: “For the pessimists about CLARITY, ‘today is a bad day,’” suggesting that progress may stall or even loosen.
Ethics provisions are one of the sticking points in the Senate; previously, the two parties also clashed over whether enforcement power should rest with the Department of Justice or state attorneys general. This procedural vote before the recess is essentially a test of whether the core dispute can be resolved first.
$BTC $ETH #Clarity法案9月15日程序性投票
Insiders say that on Friday local time, U.S. President Trump met with advisers to discuss drafting government ethics provisions to be included in the proposed “Crypto Market Structure Act” (the CLARITY bill). There will be a procedural vote in the Senate next Tuesday, and the result will directly determine whether the bill can proceed.
Democrats are calling for the legislation to spell out ethics language applicable to government officials, limiting the room for Trump to profit from his family’s cryptocurrency business. The outcome of the meeting and the attendee list have not yet been made public, and the White House did not immediately respond late Saturday.
Trump’s senior crypto policy adviser Patrick Witt posted on X on Saturday: “For the pessimists about CLARITY, ‘today is a bad day,’” suggesting that progress may stall or even loosen.
Ethics provisions are one of the sticking points in the Senate; previously, the two parties also clashed over whether enforcement power should rest with the Department of Justice or state attorneys general. This procedural vote before the recess is essentially a test of whether the core dispute can be resolved first.
$BTC $ETH #Clarity法案9月15日程序性投票
