Clarity Act Stalls as Ethics Dispute Deepens

The Clarity Act has hit another roadblock in the Senate as lawmakers remain divided over ethics rules tied to President Donald Trump and his family. The disagreement has slowed down months of negotiations, creating fresh uncertainty around the legislation.

Democratic lawmakers continue to demand stronger ethics rules before supporting the Clarity Act, wanting provisions that would limit potential profits from crypto assets involving the president and his family. However, Republican negotiators have yet to secure an agreement that satisfies both sides.

The Senate plans to hold a cloture vote on the Clarity Act on September 15 at 2:15 PM ET, requiring 60 votes to overcome a Democratic filibuster and move the legislation forward. Both parties must resolve key disagreements before the chamber considers the measure.

Meanwhile, the crypto industry has increased pressure ahead of the Senate vote, with Fairshake-linked Cedar Innovation Foundation planning to run three national advertisements supporting the legislation. Some lawmakers warn that a failed vote could encourage crypto groups to increase campaign spending.