Trump Urges Congress to Pass Clarity Act Crypto Bill
President Trump is pushing lawmakers to advance the Clarity Act, a crypto regulatory bill that cleared the Senate Banking Committee in May.
President Donald Trump called on Congress Thursday to pass the Clarity Act, a cryptocurrency regulatory bill that has already cleared a key Senate committee, signaling renewed White House pressure to advance digital asset legislation on Capitol Hill.
The Senate Banking Committee approved the measure 15-9 in May, with two Democrats crossing the aisle to join Republicans in moving the bill forward — a rare show of bipartisan support on crypto policy.
Read more SC Governor Names Lindsey Graham's Sister as Interim Senator →
Trump framed his push for the legislation as a tribute to Sen. Lindsey Graham, though the exact nature of that connection was not elaborated upon in the announcement. The call from the Oval Office adds significant political momentum to a bill that crypto industry advocates have long sought as a framework for regulatory clarity.
The Clarity Act represents one of the more substantive congressional attempts to define how digital assets should be overseen, a question that has divided regulators and lawmakers for years. With presidential backing now on the record, congressional leaders face increased pressure to schedule a floor vote.
Whether the Senate's full chamber will take up the bill remains an open question, but the combination of committee approval and direct presidential advocacy marks a pivotal moment for US crypto regulation. Continue reading at US Top News and Analysis.
