The White House is pressing Senate Democrats to accept President Trump’s ethics deal and pass the Digital Asset Market Clarity Act. A White House official stated Trump has agreed to “the most comprehensive and wide-ranging ethics provision in history,” though details of crypto restrictions remain undisclosed. The bill, which passed the House in July 2025 and cleared two Senate committees before Memorial Day 2026, aims to resolve regulatory conflicts between the SEC and CFTC. However, Democrats have not been briefed on the concession, and odds of passage hit an all-time low on Polymarket after a Friday congressional meeting.
The White House is again pushing Senate Democrats to accept President Trump’s ethics deal and pass the Crypto Clarity Act. According to an anonymous White House official, Senate Democrats need to accept the conflict-of-interest agreement worked out with Republicans.
Trump “has agreed to the most comprehensive and wide-ranging ethics provision in history,” the official said. No details have yet emerged on what crypto restrictions Trump may have consented to for the Digital Asset Market Clarity Act.
The CLARITY Act will provide regulatory clarity to prevent companies from facing contradictory or ambiguous rules from the SEC and CFTC. The act also aims to maintain US leadership in digital finance by creating a framework for domestic blockchain development.
The bill passed the House of Representatives in July 2025 and cleared two Senate committees before Memorial Day 2026. Democratic lawmakers haven’t been briefed on Trump’s concession, according to people familiar with the situation.
Republicans and the crypto industry have begun an aggressive sales campaign that paints Democrats as the problem. “If Senate Democrats block this historic legislation after the administration has bent over backward to accommodate their concerns, stakeholders should make no mistake,” the unnamed official added.
According to Polymarket, odds of the crypto Clarity Act passing hit an all-time low even after Congress met to discuss the bill on Friday.
