Trump agrees to CLARITY Act ethics restrictions ahead of Senate vote
President Trump has agreed to the CLARITY Act's ethics restrictions — covering himself, elected officials and judges — with state attorneys general given enforcement authority, removing the final obstacle to the Senate vote expected this week. The move follows Trump meeting with advisers Friday to weigh the ethics proposal, which Democrats had pressed for, ahead of a cloture vote that needs 60 votes to advance. Digital Chamber CEO Cody Carbone had said the bill could not reach that threshold without an ethics deal, and the White House's sign-off on the proposal was seen as decisive for the market-structure bill that would create a federal framework for digital assets.
Sources
- JUST IN: President Trump agrees to CLARITY Act ethics restrictions covering himself, elected officials and judges, with state attorneys general given enforcement authority removing the final obstacle to Tuesday's Senate vote. https://t.co/Shn2nUt4hAx.com ↗
- LATEST: President Trump met with advisers Friday to discuss the CLARITY Act ethics proposal before the September 15 Senate cloture vote that needs 60 votes to proceed, with the outcome of the meeting undisclosed, per Politico. https://t.co/Fl4BPQ78ZSx.com ↗
- 🎥 @DigitalChamber CEO @CodyCarboneDC says the CLARITY Act can’t reach 60 votes without an ethics deal — and the White House will have to weigh in on the Tillis–Gallego proposal before Tuesday’s vote: “The White House is going to have to come out and say something on the ethics https://t.co/7TU4p9XdBgx.com ↗
- The CLARITY Act has a vote in four days, but can it get to 60? @RebeccaRettig1 and @renato_mariotti are joined by @DigitalChamber CEO @CodyCarboneDC to break down the make-or-break fight over crypto market structure, what happens if Clarity fails, and why it all comes down to https://t.co/T0mr1AlelUx.com ↗
CoinDesk
