White House · Donald Trump · Coinbase · CLARITY Act · SEC · US Congress · CryptoSlate
Trump to meet Coinbase, Ripple and crypto leaders as CLARITY Act odds collapse to 10%
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President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year.
Key facts
- The Senate Banking Committee advanced the legislation 15-9 on May 14, with Democratic Sens
- The House had already approved H.R. 3633 by a 294-134 vote in July 2025, with 78 Democrats backing the measure
- Polymarket traders on Saturday assigned the CLARITY Act a roughly 19% probability of being signed into law in 2026, down from a peak of 82% on Feb. 19
- On Aug. 11, the CFTC invoked emergency authority after Kalshi warned that a lawsuit brought by New York could disrupt its federally regulated event-contract market nationwide
Summary
01 Trump, SEC Chair Paul Atkins and CFTC Chair Michael Selig are set to meet crypto executives at the White House next week. 02 The gathering comes as CLARITY’s chances fade, raising pressure on Congress to define federal crypto rules and agency oversight. 03 Without an ethics compromise and a tight Senate calendar, supporters may miss the votes needed before lawmakers leave Washington. According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, Ripple, Chainlink, Kalshi and Paradigm, along with representatives from the Digital Chamber.