Trump Holds Private Meeting on CLARITY Act Ahead of Senate Vote
President Donald Trump held a private meeting with advisers to discuss a contentious paragraph in the CLARITY Act, which restricts officials and their spouses from promoting personal crypto projects. The legislation, which aims to establish a regulatory framework for the U.S. crypto industry, faces a cloture vote on Tuesday, September 15. While the bill has support from Wall Street and Trump, it remains stalled over ethics language that does not currently cover the children of officials, such as those involved in World Liberty Financial. Polymarket betting odds for the bill's passage have risen to 23% following the meeting.
Summaries are written by AI from the original article. Not investment advice.