CLARITY Act 'Far From Dead,' Analyst Argues Ahead of Trump-Attended Crypto Meeting

President Donald Trump scheduled a White House crypto meeting for Wednesday after the SEC abruptly cancelled its planned session—something that Milk Road analyst John Gillan reads as supportive for passing the CLARITY Act.

What Actually Happened With the SEC Meeting

On the Milk Road Show podcast on Monday, Gillan walked through how three events unfolded in quick succession. 

After the Senate missed its pre-recess window on the CLARITY Act, Majority Leader John Thune (R-SC) set Sep. 15 as the next procedural vote date. 

The SEC then scheduled an open meeting for last Friday to discuss regulatory accommodations for digital assets and tokenization, but canceled it just hours before the meeting, citing an unforeseen scheduling conflict without offering a new date.

However, Trump responded by calling his own White House meeting for Wednesday, Aug. 19, inviting crypto and digital asset industry leaders across the country, with the president planning to attend personally.

Why Gillan Thinks the Market Is Mispricing Clarity

Gillan argued on the podcast that the market is assigning less than a 10% chance to the CLARITY Act passing in 2026. Galaxy Digital recently revised its own estimate from 75% down to 10%, a swing Gillan called a significant mispricing.