White House Crypto Council Executive Director Patrick Witt to Depart Ahead of Expected CLARITY Act Vote

Odaily Planet Daily News: White House Crypto Council Executive Director Patrick Witt will conclude his final working day at the White House on July 18 and will begin training as a legal officer with the Georgia Army National Guard on July 27. Witt was previously responsible for negotiations on the CLARITY Act, which is expected to face a full Senate vote around July 20. Deputy Director Harry Jung will take over the relevant negotiations and be responsible for advancing work on the Strategic Bitcoin Reserve and the GENIUS Act. The consolidated draft of the CLARITY Act is expected to be released this week. The bill needs 60 votes to overcome the filibuster threshold, requiring at least seven Democratic votes. Democrats are demanding the inclusion of ethics clauses related to the president's personal cryptocurrency exposure, with disclosure information showing that Trump earned over $1.4 billion from crypto businesses last year. (Bitcoin.com News).