Trump to Meet Senators at White House to Break Deadlock on CLARITY Crypto Bill

Several U.S. senators are set to meet President Donald Trump at the White House on Thursday to discuss the CLARITY Act, as lawmakers push to lock in a deal on the crypto market structure legislation before the August recess. Sen. Bernie Moreno told Politico the group plans to brief Trump on the bill and its "path to success" after months of Senate negotiations. "We'll be talking about the entirety of the bill," Moreno said, adding that Trump has been closely involved. A key sticking point is an ethics provision tied to Trump's business interests in the crypto industry. Senate Democrats have said the language is a requirement for their support, and the measure will need Democratic votes to meet the Senate's 60-vote threshold. Lawmakers are weighing a revised CLARITY Act that could merge proposals developed by the Senate Banking and Agriculture committees. The ethics section remained among the major unresolved issues heading into this week's talks. Sen. Cynthia Lummis said senators were debating whether to circulate the next draft with the ethics language left in brackets or wait until agreement is reached on final text. Senate Majority Leader John Thune said he wants to bring the bill to the floor during the current work period ending Aug. 7, and he has pledged to hold a vote before the chamber departs for its August recess. Sen. Thom Tillis said an agreement would need to be reached by the end of the week to keep a realistic chance of passage before the break. The White House meeting follows Trump's recent call for the Senate to move the CLARITY Act forward, raising pressure to settle remaining disputes. The House passed its version of the CLARITY Act in July 2025. If enacted, the legislation would create a federal market structure for digital assets and split oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission.