Clarity Act: Trump Admin “Fully Committed” to Pass Crypto Bill in September, Patrick Witt Says

• Trump administration remains "fully committed" to passing Clarity Act in September.

• White House crypto advisor Patrick Witt urges Democrats to support the crypto bill.

• Senator Cynthia Lummis pushed back against community banks' concerns that stablecoins drive deposit flight.

• The Clarity Act procedural vote is scheduled on September 15 at 2:15 PM ET.

White House crypto advisor Patrick Witt on Tuesday said the Trump admin remains "fully committed" to passing the Clarity Act next month. The crypto bill is anticipated to enter a full Senate vote in mid-September.

White House Crypto Advisor Eyes Clarity Act Passage in September

Patrick Witt, Executive Director at President's Council of Advisors for Digital Assets, confirmed that the Trump admin is fully committed to passing the Clarity Act in September.

He warned that every time Democrats have delayed this bill, America has fallen further behind in the digital asset race. This has jeopardized "our leadership role in global financial markets, weakening our national security, and denying law enforcement the tools they need to stop crypto crime."

He claimed "durable rules" can only be provided by legislation, arguing they are needed now more than ever. He urged Congress to pass the Clarity Act, saying "we also can't afford to wait forever."