CLARITY Act Stalls Amid Trump’s $1.4B Crypto Profits 🤝 🤤
The Digital Asset Market Clarity Act, a major U.S. crypto market-structure bill, remains stalled in the Senate despite clearing the House in 2025 and the Senate Banking Committee in May 2026.
The primary roadblock is ethics: President Trump’s 2025 financial disclosure revealed roughly $1.4 billion in crypto-related income from ventures including the
$TRUMP memecoin and World Liberty Financial. Democrats, including Ranking Member Elizabeth Warren, argue the latest drafts contain loopholes that fail to prevent further presidential profits or adequately address conflicts of interest.
They demand stronger restrictions on officials (and family) issuing, sponsoring, or profiting from digital assets while in office. Republican-backed ethics language has been added but is criticized as temporary, weakly enforced, and incomplete.
With a 60-vote threshold needed and the August recess approaching, the bill’s 2026 prospects have dimmed. The impasse highlights tensions between industry regulation and personal financial interests at the highest levels of government.
#Trump $TRUMP $BANK