Trump Rallies Republican Senators for Final CLARITY Act Push

Senator Bernie Moreno and Senator Cynthia Lummis are among those slated to discuss the legislation’s path to success with the President. The meeting underscores a high-stakes effort to finalize the CLARITY Act, which has been under negotiation for months. Senator Thom Tillis expressed optimism that remaining issues could be settled by the end of the week, a deadline he views as essential for reaching the floor before the summer break.

The path to passage remains complex, requiring 60 votes in the Senate. While Lummis anticipates a revised draft will be introduced within days, a group of Democratic senators—including Chris Murphy, Jeff Merkley, and Chris Van Hollen—are demanding stricter ethics safeguards. Specifically, they seek to prohibit the President, Vice President, and members of Congress from profiting from crypto ventures affected by new regulations, citing concerns over Trump’s involvement with World Liberty Financial. Despite these hurdles, prediction markets have reacted to the activity, with Kalshi traders raising the probability of a pre-recess Senate vote to 79%.