Trump Pushes CLARITY Act Senate Vote Ahead of Sept. 15
US President Donald Trump urged the Senate to pass the Digital Asset Market Clarity (CLARITY) Act, saying the US must stay “ahead of China.” He spoke with crypto executives including Coinbase CEO Brian Armstrong and Gemini co-founders Cameron and Tyler Winklevoss, calling for “a fair version” of CLARITY.
The CLARITY Act cleared the House in July 2025 but has been stalled in the Senate for months. Key disputes include tokenized equities, stablecoin reward structures, and potential conflicts of interest tied to Trump family links to the crypto industry. Armstrong said the CLARITY Act would make US crypto rules more “durable,” and suggested it could secure “more than 60 votes” if the Senate addresses a cloture motion on Sept. 15.
Trump also framed CLARITY as a continuation of late Sen. Lindsey Graham’s work. However, Sen. Ruben Gallego criticized the president’s comments at the Wyoming Blockchain Symposium, arguing the White House should not decide the “level of regulation.”
Meanwhile, regulators are moving without CLARITY: the SEC proposed a safe harbor so certain tokens may not be treated as “investment contracts,” plus exemptions for some token issuance. Ahead of a CFTC Innovation Advisory Committee meeting, CFTC Chair Michael Selig said the agency will keep exploring crypto regulation because Congress may not return for another month.
For traders, the market focus is the CLARITY Act momentum into Sept. 15. Any Senate scheduling clarity could quickly shift risk sentiment, while near-term price action may also react to SEC/CFTC rulemaking progress.
Bullish
Bullish: The explicit push from President Trump and the Senate procedural focus on a Sept. 15 cloture motion increase the odds that the CLARITY Act could move from stagnation toward an actionable vote. That improved likelihood can support broader risk sentiment around US regulatory clarity. At the same time, regulators are not waiting—SEC safe-harbor proposals and CFTC rule-exploration messaging may reduce uncertainty over time, even if CLARITY is delayed.
Short-term: Prices may react to any Senate scheduling/timing headlines into Sept. 15, and traders will likely front-run changes in expected regulatory timelines.
Long-term: If CLARITY advances, it could anchor a more durable framework (including treatment of tokenized assets and stablecoin-related structures), lowering policy uncertainty. If it stalls again, the market may pivot back to incremental SEC/CFTC rulemaking instead, tempering the optimism.