CLARITY Act Odds Fall to 10% as Trump Meets Crypto Executives
President Donald Trump is set to meet executives from crypto, prediction market and fintech firms on Aug. 19 at the Eisenhower Executive Office Building near the White House. The meeting is expected to include SEC Chair Paul Atkins and CFTC Chair Michael Selig, with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick possibly attending. Bloomberg said the guest list includes Coinbase, Ripple, Chainlink, Andreessen Horowitz, Paradigm and Kalshi, while Kraken, Gemini, NYSE and Nasdaq have also reportedly been invited. The talks come as the CLARITY Act remains stalled in Congress. Galaxy Digital now puts the bill’s odds of becoming law this year at about 10%, while Polymarket traders price the chance at roughly 19%, down sharply from a Feb. 19 peak of about 82%. The legislation would create a federal digital asset market framework and divide oversight between the SEC and the CFTC. It has already cleared the Senate Banking Committee and passed the House, but negotiations have slowed over ethics limits, stablecoin yield and anti-illicit finance provisions. Democrats want stricter conflict-of-interest rules covering Trump, senior officials and their families, a sticking point that has turned the debate from technical regulation into political bargaining. A procedural vote is now expected on Sept. 15, and supporters need 60 votes to advance the bill in the Senate.








