Trump Endorses Ethics Provision in CLARITY Act, Bolstering Senate Prospects
President Donald Trump has lent his support to a significant ethics provision in the CLARITY Act, which aims to regulate the US crypto market. This move is seen as a major development for the bill's progress in the Senate, removing a key obstacle that was hindering its passage.
The proposed ethics language would restrict federal officials, including the President and members of Congress, from financially benefiting from digital assets while in office. Enforcement responsibility would be shifted to the Department of Justice, which is seen as a strengthening of oversight.
Market pricing suggests that this development could be supportive of a potential 'YES' outcome for the CLARITY Act being signed into law in 2026.