Trump to Meet Senators on Crypto Bill as Ethics Dispute Threatens August 7 Vote
Updated
Updated · Bitcoin Magazine · Jul 15
Trump to Meet Senators on Crypto Bill as Ethics Dispute Threatens August 7 Vote
3 articles · Updated · Bitcoin Magazine · Jul 15
Summary
Thursday’s White House meeting will focus on the Digital Asset Market Clarity Act’s ethics section, the last major obstacle to Senate passage of the crypto market-structure bill.
Democrats have made support contingent on limits barring senior officials from crypto business interests, a fight sharpened by Trump’s disclosed $1 billion-plus in 2025 crypto income.
15-9 was the Banking Committee vote that advanced the bill, but Democratic backers Ruben Gallego and Angela Alsobrooks said in May they would not support final passage without an ethics provision.
August 7 is Majority Leader John Thune’s target before the chamber’s summer recess, though negotiators still have no compromise and are debating whether to include ethics language now or defer it.
50-50 are Galaxy Research’s odds of passage, underscoring how Trump’s willingness to accept restrictions touching his own businesses could decide the bill’s fate.