Trump to Meet Senators as Clarity Act Ethics Deadlock Threatens Crypto Bill’s Path

President Donald Trump is expected to meet with U.S. senators at the White House on Thursday afternoon to try to resolve the most significant contention facing the Clarity Act, CoinDesk first reported Wednesday.

Republican Sens. Bernie Moreno and Cynthia Lummis, White House crypto adviser Patrick Witt and Chief of Staff Susie Wiles are expected to be present in the meeting proposed to work out a compromise on an ethics provision for Clarity, The Block reported, quoting Solana Policy Institute President Kristin Smith.

“The purpose is to pitch him some ideas on the ethics issue and hopefully get his sign-off on those,” Smith was quoted by The Block as saying. “So I think that’s hugely positive.”

The unresolved section would restrict senior government officials from holding personal business interests in crypto, a limit Democrats have demanded largely to address Trump’s own ties to the industry. So whether the bill lives or dies may come down to what Trump is willing to accept on restrictions that would directly affect his businesses.

Recent disclosure from the Office of Government Ethics showed Trump and his family cleared roughly $1.4 billion from crypto last year, spanning memecoin royalties, World Liberty Financial token sales, and a stablecoin venture.

Democratic Sens. Chris Van Hollen, Chris Murphy, and Jeff Merkley on Tuesday held a press conference urging opposition to the bill unless it severs what they called Trump’s “corrupt” ties to the sector.

The bill cleared the Senate Banking Committee 15-9 in May, with Democratic Sens. Ruben Gallego and Angela Alsobrooks the only members of their party to support it. Both have said they will not back final passage without an ethics provision. Thune wants a floor vote before lawmakers leave for their summer recess after the first week of August. After the recess, attention is expected to shift to the November midterms, leaving a narrow window to close a gap that has trailed the bill since committee.

Related Listen: The Chopping Block: The CLARITY Act, Hyperliquid vs CME, and the Prediction Market Supreme Court Showdown

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