Trump softens stance, White House advisors remain in their positions; the Clarity bill faces its final showdown in August
Trump softens stance, White House advisors remain in their positions; the Clarity bill faces its final showdown in August. Follow Topazcrypto Summary:Last week, Trump met with Republican Senators Bernie Moreno and Cynthia Lummis, and White House crypto advisor Patrick Witt to discuss the ethics clause of the CLARITY Act. Trump did not agree to the ethics clause at that time. However, news broke this morning that Trump has agreed to include an ethics clause in the cryptocurrency bill. Furthermore, White House crypto advisor Witt's scheduled military training has been postponed, and he will remain in his position. These two factors have instantly brightened the prospects of the CLARITY Act. I. Trump Agrees to Include Ethics Clause The ethics clause has always been considered the final hurdle for the CLARITY Act to gain bipartisan support in the Senate. Democrats have consistently demanded restrictions on elected officials' involvement in digital asset activities, with their c...