President Trump, White House press Senate to further the Clarity Act while ethics fight looms
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President Donald Trump and other key administration officials and lawmakers are making a renewed push to pass sweeping cryptocurrency legislation into law.
Key facts
The White House's top crypto adviser, Patrick Witt, also made a push to pass the Clarity Act
In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act
Warren said the current bill text has "significant flaws" in a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer
President Donald Trump and other key administration officials and lawmakers are making a renewed push to pass sweeping cryptocurrency legislation into law
Summary
Congress is back in Washington after a Fourth of July recess and has the next few weeks to pass several bills, including the Clarity Act. On Monday, Trump pushed for that bill to pass in tribute to Sen. "In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act. Over the past year, the Senate has been working on passing the Clarity Act, which would regulate the crypto industry for the first time at the federal level.