President Donald Trump’s backing of an ethics provision in the CLARITY Act could clear a key hurdle for the bill in the Senate. This provision bars federal officials, including the president and members of Congress, from profiting from digital assets while in office, with the Department of Justice in charge of enforcement.
The White House calls it the most full ethics rule ever proposed, signaling stronger oversight and increasing the bill’s odds of passing. Market reactions suggest optimism for the CLARITY Act becoming law in 2026.
Key Senate and House figures like Senate Banking Committee Chairman Tim Scott and House Speaker Mike Johnson will play critical roles in the next steps. Any further moves or statements from Trump could sway momentum further.
