White House Ethics Deal Clears Last Major CLARITY Act Hurdle as Senate Eyes Floor Vote Before August Recess

The CLARITY Act is advancing through a turbulent Senate gauntlet, with shifting passage odds, mounting opposition, and hard recess deadlines defining its path to crypto market structure law.

The White House reached an agreement with Senate Democrats on the ethics language that had been the central sticking point for the CLARITY Act, with Treasury Secretary Bessent publicly describing the bill as at the '1-yard line' and urging Congress to pass it before the August recess. The compromise includes DOJ enforcement authority over federal officials and prohibits officials from issuing cryptocurrencies, with Senator Cramer and others signaling the 60-vote threshold is now reachable. Polymarket passage odds stood at approximately 40% despite the breakthrough, and a remaining dispute over DOJ power scope represents an open legislative risk.