White House vows to get CLARITY across ‘finish line’ in September

cointelegraphPublished on 2026-08-11Last updated on 2026-08-11

Abstract

The White House reaffirms its commitment to passing the CLARITY Act in September, despite a Senate delay pushing the vote until after the August recess. The administration's top crypto policy official stated negotiations with Democrats will continue up to the September vote. A key procedural cloture vote requiring 60 votes is expected in mid-September to advance the bill, which aims to create a federal regulatory framework for digital assets, classifying tokens and overseeing trading platforms. However, unresolved disagreements remain, including Democratic demands for stricter ethics rules related to Trump-linked crypto interests and banking industry concerns over stablecoin reward provisions.

US President Donald Trump’s administration remains committed to passing the CLARITY Act in September despite the Senate’s decision to delay action until after its August recess, according to the White House’s top crypto policy official.

Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said Tuesday on X that the administration would continue negotiating with Democrats “all the way up until the September vote,” adding, “we also can’t afford to wait forever.”

The Senate is expected to hold a cloture vote on the bill in mid-September, a procedural step that would require 60 votes to advance CLARITY toward a final vote.

The CLARITY Act would establish a federal market structure for digital assets, including rules governing when crypto tokens fall under securities or commodities laws and how trading platforms are regulated.

Several disagreements remain unresolved ahead of the September vote. Senate lawmakers have yet to announce a solution to Democratic demands for stricter ethics provisions targeting Trump-linked crypto interests. Banking groups have also pushed for changes to rules that could allow companies to pay rewards to stablecoin holders.

Related: ‘Disappointing’ — crypto advocates react to delay in CLARITY vote

Trending Cryptos

Related Questions

QWhat is the main goal of the CLARITY Act according to the article?

AThe main goal of the CLARITY Act is to establish a federal market structure for digital assets, including rules for classifying crypto tokens as securities or commodities and regulating trading platforms.

QWho is Patrick Witt and what did he state regarding the CLARITY Act?

APatrick Witt is the executive director of the President’s Council of Advisors for Digital Assets. He stated that the Trump administration remains committed to passing the CLARITY Act in September and will continue negotiating with Democrats until the vote.

QWhat procedural step is the Senate expected to take on the CLARITY Act in mid-September?

AThe Senate is expected to hold a cloture vote on the bill in mid-September. This is a procedural step that requires 60 votes to advance the CLARITY Act toward a final vote.

QWhat are two key unresolved disagreements mentioned ahead of the September vote on CLARITY?

ATwo key unresolved disagreements are: 1) Democratic demands for stricter ethics provisions targeting Trump-linked crypto interests, and 2) Banking groups pushing for changes to rules that could allow companies to pay rewards to stablecoin holders.

QWhat was the Senate's decision regarding the CLARITY Act prior to the article's publication?

APrior to the article's publication, the Senate decided to delay action on the CLARITY Act until after its August recess.

Related Reads

Bitcoin Price Drops to $62,470 as Sellers Retest $63,000 Support Level

Bitcoin's price fell below $63,000 for a second consecutive day on Friday, hitting an intraday low of $62,470. The cryptocurrency later recovered to trade just above $63,000, leaving it nearly flat for the past 24 hours and for August overall, with a weekly loss of 2.6%. The volatility triggered significant liquidations, with $26 million of leveraged long Bitcoin positions liquidated over 24 hours. Market sentiment was further dampened by data showing over $131 million in outflows from spot Bitcoin ETFs for a second straight day, signaling a potential pullback by institutional investors. Adding to the negative pressure, index provider MSCI has proposed new criteria for "non-operating companies" in its global indexes, which could lead to the exclusion of firms holding significant digital assets like Bitcoin on their balance sheets. Companies such as Strategy and Metaplanet could be affected, potentially forcing index-tracking funds to sell their shares. Strategy publicly criticized the proposal, arguing digital assets are legitimate assets and index providers should not dictate what companies can own. Public consultations on MSCI's proposal end September 30, with a final decision expected by October 16. If approved, exclusions could begin in November, potentially triggering sustained institutional selling and damaging a key bridge for Bitcoin adoption in the corporate sector.

cryptonews.ru5h ago

Bitcoin Price Drops to $62,470 as Sellers Retest $63,000 Support Level

cryptonews.ru5h ago

Trading

Spot

Hot Articles

How to Buy HOUSE

Welcome to HTX.com! We've made purchasing Housecoin (HOUSE) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Housecoin (HOUSE) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Housecoin (HOUSE)After purchasing your Housecoin (HOUSE), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Housecoin (HOUSE)Easily trade Housecoin (HOUSE) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

5.7k Total ViewsPublished 2025.04.27Updated 2026.06.02

How to Buy HOUSE

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of HOUSE (HOUSE) are presented below.

活动图片