Trump Digital Asset Clause Stalls CLARITY Act Negotiations

Senator Cynthia Lummis has revealed that a key sticking point in last-minute negotiations for the CLARITY Act is an ethics provision requiring President Donald Trump to sell his digital assets or place them in a blind trust.

The measure aims to address potential conflicts of interest and sets ethics standards for the vice president, members of Congress, and the federal judiciary.

However, many Democratic lawmakers remain reluctant to advance the bill, citing concerns that the clause could weaken a midterm campaign narrative centered on Trump’s cryptocurrency-related dealings.