Trump Urges Congress to Pass Clarity Act Crypto Bill
President Trump is pushing lawmakers to pass the Clarity Act, a major crypto regulatory bill that cleared the Senate Banking Committee in May.
President Donald Trump called on Congress Thursday to pass the Clarity Act, a landmark cryptocurrency regulatory bill, framing the push as a tribute to Sen. Lindsey Graham in a rare direct presidential appeal on digital asset legislation.
The Senate Banking Committee advanced the bill in May by a 15-9 vote, a notable margin that included two Democrats crossing the aisle to back the Republican-led measure. The bipartisan support signals growing momentum in Washington to establish a clearer regulatory framework for the fast-moving crypto industry.
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Trump's public endorsement adds significant political weight to the legislation, which proponents argue is essential to keeping the United States competitive in the global digital asset market. A presidential call to action typically accelerates floor scheduling and can pressure holdouts in both chambers.
The Clarity Act represents one of the most consequential crypto policy efforts in recent congressional history, with the industry watching closely to see whether the bill can survive a full Senate vote and eventual conference with the House. The mention of Graham suggests the legislation may be tied to a broader political gesture or tribute within Republican ranks.
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