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CLARITY Bill
2026-09-16 01:19:00

CLARITY bill stalls in Senate as Democrats reject ethics compromise despite Trump accepting about 80% of terms

A key procedural vote on the U.S. Senate’s CLARITY bill failed late on Sept. 15, blocking the legislation from advancing despite months of cross-party negotiations and a Republican claim that former President Donald Trump had accepted roughly 80% of an ethics framework negotiated by senators from both parties. The motion to end debate on the motion to proceed fell short at 49-50, with one senator not voting, far below the 60-vote threshold needed to move the bill forward. Republicans had released a 635-page final draft a day earlier and said it incorporated 126 substantive Democratic revisions. The latest text broadened restrictions on public officials creating, issuing, minting, or sponsoring digital assets, required divestment or transfer into qualified blind trusts for certain crypto-related holdings, removed an earlier sunset clause, and opened a path for state attorneys general to participate in enforcement. Democrats still rejected the bill. Their objections centered on whether the ethics provisions could actually be enforced against a president, since the attorney general would remain the only official able to bring direct civil enforcement actions against the president and other covered federal officials. They also criticized the bill for not applying retroactively to previously issued tokens such as $TRUMP, for allowing some existing interests to remain inside blind trusts, and for excluding adult children from the measure’s direct restrictions.

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