The White House Is Coming To The Table Over The One Thing Blocking Crypto's Biggest Bill

Senate recess starts after the first week of August. Near-final bill language could leak later this week as negotiations continue.

• President Donald Trump is scheduled to meet with senators on Thursday to negotiate the unresolved ethics provision of the CLARITY Act, according to CoinDesk.
• The measure would cap senior officials' personal crypto business interests, with Trump's own $1 billion-plus in 2025 crypto income the main sticking point.
• Senator Ruben Gallego, the lead Democratic negotiator on ethics, reportedly was not invited.

President Donald Trump is reportedly scheduled to meet with U.S. senators on Thursday to discuss the most controversial remaining part of the Digital Asset Market Clarity Act (CLARITY Act) – the ethics provision – which would directly target the President’s involvement in the cryptocurrency market.

The provision is among the biggest hurdles to getting the crypto market structure bill to a floor vote in the Senate. Democrats have called for limits on the president, vice president, and members of Congress using crypto, CoinDesk reported on Wednesday. 

The president revealed earlier this month that his crypto ventures generated over $1 billion in income in 2025, a figure that has fueled Democratic opposition.