Donald Trump · CLARITY Act · US Senate · Democrats · CryptoSlate
Trump memecoin ethics fight still controls CLARITY Act vote after law enforcement opposition cracks
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The CLARITY Act's two biggest obstacles are moving in opposite directions this week.
Key facts
- As Eleanor Terrett reported, a new letter dated July 3 puts MCSA in neutral territory
- Kirsten Gillibrand renewed her push on July 3 to bar elected officials and their spouses from issuing or sponsoring digital assets
- NOBLE, the National Organization of Black Law Enforcement Executives, went further and endorsed the bill outright
- Democrats could accept Section 604's safe harbor once it includes the consultation role, training funding, and forensic resources that MCSA is asking
Summary
01 MCSA moved to neutral and NOBLE endorsed CLARITY, softening the law-enforcement front after months of opposition. 02 That split gives Senate supporters public-safety cover and weakens attacks on Section 604’s developer safe harbor. 03 Gillibrand’s renewed memecoin ban still tests Democratic votes, and CLARITY needs an ethics deal plus seven Democrats. Before this week, forecasters and prediction markets already had CLARITY at a coin flip of becoming law in 2026.