Lummis: Trump agreed to 'strictest' ethics rules for CLARITY Act

President Trump agreed to what Sen. Cynthia Lummis called "the strictest ethics restrictions this country has ever seen" in the push to pass the CLARITY Act, the market-structure bill that would create a federal framework for digital assets. The revised provision requires divestiture for Trump, elected officials and judges, and gives state attorneys general authority to enforce the rules.

Trump's sign-off was seen as decisive after Digital Chamber CEO Cody Carbone said the bill could not reach the 60-vote threshold without an ethics deal. The Senate has begun voting on the measure, which still needs 60 votes to clear a procedural hurdle against a shortened September legislative calendar; Senate Republicans recently rejected a last-minute Democratic counterproposal.