US Senate pushes CLARITY Act amid law‑enforcement support and Trump advocacy

The Digital Asset Market Clarity Act (CLARITY Act) is moving toward a Senate vote before the August recess. The Federal Law Enforcement Officers Association (FLEOA) and the National Organization of Black Law Enforcement Executives (NOBLE) have endorsed the bill, urging refinements to DeFi liability and confirming that it does not limit existing investigative powers. Republican Senator Cynthia Lummis, the bill’s lead sponsor, says the legislation will be introduced within days and aims for a floor vote the week of July 20, before the Senate’s August 8 recess. The Senate Banking Committee advanced the measure 15‑9 in May, but passage requires a 60‑vote cloture threshold, meaning several Democratic votes are essential. Democratic senators—including Elizabeth Warren, Chris Murphy, Jeff Merkley and Chris Van Hollen—are demanding an ethics provision that would bar the President, Vice President, members of Congress and their families from profiting from crypto ventures, citing President Donald Trump’s disclosed $1.4 billion crypto earnings. Trump has publicly urged the Senate to pass the bill, framing it as vital to keep the United States ahead of China in digital assets and AI. The bill would clarify SEC and CFTC jurisdiction, embed consumer‑protection and anti‑money‑laundering rules, and permanently codify XRP’s commodity status, which could unlock institutional use of the token. Law‑enforcement groups also call for clearer accountability in decentralized finance. The outcome will shape U.S. crypto regulation, market stability and the political calculus ahead of the 2026 midterm elections.