President Donald Trump plans to meet with a group of senators at the White House on Thursday afternoon to tackle the last major hurdle of the crypto market bill, according to knowledgeable people and the plans he spoke to Politics and policy makers involved in the negotiations.
The regulation is part of the Digital Asset Market Clarity Act, which would prevent government officials from having their own interests in the crypto sector. Democrats have made such limits their support, especially to end Trump’s ties to the industry.
Negotiators have not agreed, and the Senate calendar leaves a narrow window.
Senator Bernie Moreno, an Ohio Republican at the hearing, said senators will brief the president on the bill and “its path to success.”
“We’re going to be talking about the whole bill. I mean, obviously the president has been involved in the bill,” Moreno said. “He’s the one who started the innovation that I think will pay off.”
Trump’s crypto reveals as Clarity Act shrinks
Clarity’s future may depend on what Trump approves, and whether he supports a bill that restricts its businesses. He said he forced the Senate to pass the billalthough he did not say which of the conflicting principles of interest rates he should sign into law. His revelation that he made more than $1 billion from crypto exposure in 2025 gave critics new weapons.
Bill cleared the Senate Banking Committee in a 15-9 voteand Democrats Ruben Gallego and Angela Alsobrooks are joining Republicans to advance. Both said in May that they would not return to the final phase without ethical standards. At the time of committee symbolSenator Chris Van Hollen’s amendment to ban the president, vice president and members of Congress from the crypto trade agreement failed 11-13.
On Tuesday, a group of Democratic senators it happened press conference to denounce Clarity if it does not end what it calls Trump’s “corruption” in the sector. Gallego, who has led the ethics debate for months, was not among them.
The time frame for the revised statement remains open. Senator Cynthia Lummis, a Wyoming Republican and the bill’s chief architect, said the bill could be circulated Wednesday, but senators are trying to include language or table it later.
Senate Majority Leader John Thune said he hopes to bring the bill to the floor before the task force expires on August 7. Asked if he would vote without a deal with Democrats, Thune said, “at some point, we will vote, yes.”
The room breaks for its summer vacation after the first week of August, when it opens narrow stretch to complete Clarity before members turn in mid-November. Galaxy Research put the odds of passing at 50-50 as the clock ticks down.
