According to Politico, US President Donald Trump is set to meet with senators at the White House on Thursday to discuss the CLARITY Act, a crypto market structure bill. Senators Bernie Moreno and Cynthia Lummis will attend the meeting, with Moreno stating they will brief the president on the bill's "path to success."
Lummis told Fox Business on Wednesday that a revised draft of the bill will be introduced within days and expects it to reach the Senate floor next week ahead of the August recess. Prediction market Kalshi shows traders give the CLARITY Act a 79% chance of being voted on before the August recess, though they put the probability of it becoming law in 2026 at just 36%.