White House Reaches Ethics Agreement on CLARITY Act, Bill Gains Senate Momentum With 14-Day Recess Deadline

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 on the ethics provisions of the CLARITY Act, resolving the central dispute that had stalled negotiations over Trump's personal crypto holdings. Coinbase's vice chair described the bill as having 'tremendous momentum' in the Senate, and key policy negotiator Patrick Witt deferred military training to remain available during the decisive legislative window. The bill faces a 14-working-day deadline to reach a Senate floor vote before the August recess, with Senator Warner separately urging a careful approach.