Trump Pushes Clarity Act at White House Summit, Senate Vote Scheduled for September 15

President Trump has pushed for Congress to pass the Digital Asset Market Clarity Act at a White House summit with leading crypto executives, calling it 'a true bipartisan compromise' that will provide legal certainty and keep the US ahead of other countries in cryptocurrency regulation.

The Senate has scheduled a vote on the bill for September 15, 2026, after Senate Majority Leader John Thune filed a cloture motion on August 10. The Clarity Act establishes a comprehensive regulatory framework for digital assets by dividing oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission.

The timing is critical, as the Senate returns September 14 with limited legislative days before another recess takes Congress through the November elections. Bitcoin rallied above $70,000 following Trump's call for the bill's passage, according to Forbes.