Despite White House push, crypto bill's window is closing

• Key insight: President Trump met with crypto and fintech CEOs at the White House on Wednesday to discuss the path forward for crypto market structure legislation. 
• What's at stake: He urged Congress to pass the CLARITY act, although it would be tricky for them to do so ahead of midterms. 
• Forward look: Attention could turn to the post-election lame-duck session or the next Congress, where some Democrats might want to tackle the issue, although they're likely to have other priorities, and key disagreements with the White House remain. 

WASHINGTON — The crypto bill looks to have stalled out in Congress, even as the White House resumed lobbying for it this week. 

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President Donald Trump, after meeting with fintech CEOs in the White House on Wednesday, resumed pushing for Congress to vote on the crypto legislation.

"Now we need Congress to take the next step by passing the Clarity Act, a fair version of the CLARITY Act," he said in public remarks, flanked by the CEOs of companies like Kraken, Bitgo and Ripple. "It's very very powerful structured legislation which will keep us ahead of China, keep us ahead of everyone else, and will open the door to the next wave of innovations and innovators."