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U.S. Senators Move to Tighten CLARITY Act Ethics Provisions, Restricting Trump's Crypto Business Ties

2026-07-30 00:50

Odaily Planet Daily reported that according to sources, U.S. Senators Thom Tillis and Ruben Gallego have reached an initial agreement on the ethics provisions within the CLARITY Act, but specific details have not yet been made public.

These provisions aim to limit direct connections between senior government officials and crypto projects, with the core target being Trump's family crypto business. Trump has previously agreed to the adjusted plan, which the White House calls "the most extensive ethical constraints in history."

However, the Democratic side believes that the plan does not require substantial changes from Trump and that the Department of Justice, being led by his appointed personnel, makes it difficult for related enforcement to form effective constraints.

The new proposal put forward by Tillis and Gallego still needs to gain support from the White House and sufficient Democratic backing to advance to subsequent procedures. (CoinDesk)