President Donald Trump consented to roughly 80% of a more rigorous ethics framework linked to the Clarity Act prior to Tuesday’s Senate cloture vote, according to AP.
This arrangement mandates that elected officials, along with their spouses and federal judges, must divest substantial holdings in cryptocurrency issuers or place those assets into blind trusts.
Additionally, state attorneys general would gain the authority to enforce the legislation and take legal action against trading platforms that support digital assets forbidden by the measure.
President Donald Trump has accepted the vast majority of a heightened ethics package connected to the Clarity Act, as AP disclosed Monday, referencing three high-ranking Republicans. This development precedes Tuesday’s upcoming Senate cloture vote on the legislation.
A number of Democrats, alongside Republican Senator Thom Tillis representing North Carolina, had previously declined to support the measure, insisting on tighter conflict-of-interest regulations concerning Trump’s personal digital asset portfolio before supplying the necessary votes for enactment.
Trump accepted about 80% of their suggested framework, an anonymous Republican staffer disclosed to the AP.
Read more: Crypto’s Clarity Act is a Schrödinger’s cat in life-death limbo as U.S. Senate returns
Based on the accord, state attorneys general will possess the capability to enforce this legislation alongside the Department of Justice, granting them the power to sue digital asset platforms that host coins prohibited under the statute.
Elected representatives, their husbands or wives, and federal judges will face the mandate to either liquidate or transfer significant financial stakes in any cryptocurrency-issuing organization into a blind trust.
The initial version of the legislation solely prohibited federal politicians and their spouses from creating digital assets. Detractors argued that provision failed to adequately address Trump’s personal wealth in the crypto sector.
“Following over twelve months of discussions, the moment has arrived to enact this cross-party measure,” White House digital asset adviser Patrick Witt posted on X Sunday evening.
Originally published at https://www.coindesk.com/policy/2026/09/14/trump-agrees-to-stricter-ethics-rules-to-save-clarity-act-crypto-bill-ap.
