US Senators Sent Revised Ethics Rules to White House for CLARITY Act
Senators Thom Tillis and Ruben Gallego reportedly sent proposed revisions to the White House for ethics rules in the CLARITY Act, pushing back against the administration’s initial offer.
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Senators Thom Tillis and Ruben Gallego reportedly sent proposed revisions to the White House for ethics rules in the CLARITY Act, pushing back against the administration’s initial offer.
US Senators Sent Revised Ethics Rules to White House for CLARITY Act
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Written by
Turner Wright
staff writer
Reviewed by
Sam Bourgi
staff writer
Written by
Turner Wright
staff writer
Reviewed by
Sam Bourgi
staff writer
US Senators sent revised ethics rules to White House for CLARITY Act: Report
Latest News
Published
Jul 30, 2026
The window to pass a comprehensive crypto market structure bill before the Senate breaks for a month-long recess is closing, with ethics a dividing issue for many lawmakers.
Two US senators on opposite sides of the political aisle have reportedly sent revised ethics guidelines to the White House as part of discussions over a cryptocurrency market structure bill in Congress.
According to a Thursday PunchBowl report, Senator Thom Tillis and Senator Ruben Gallego
submitted
a counteroffer to the Trump administration that included a change to ethics provisions in the Digital Asset Market Clarity (CLARITY) Act. The changes would reportedly
address concerns from many lawmakers
in the first draft by allowing state authorities to enforce a ban on federal officials issuing or sponsoring tokens rather than the US Attorney General.
Gallego, a Democrat, previously
said
that provisions around ethics, consumer protection, illicit finance, conflicts of interest and market integrity “must be strengthened” and he would continue to work with Republicans to get the bill “over the finish line.” Cointelegraph reached out to Gallego’s and Tillis’ teams for clarification on the proposed changes but did not receive an immediate response.
The proposed revisions to the crypto bill could bring in support from Senate Democrats, many of whom have publicly said they
will not vote for the CLARITY Act
“if it protects [US President Donald] Trump’s dominance over an industry that he will have more control to regulate.” Republicans currently have an effective 52-47 majority in the Senate with Senator Mitch McConnell absent due to medical reasons, and will need support from Democrats to meet the 60-vote threshold for the bill to pass.
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Congress
Donald Trump
Senate
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Cryptocurrencies
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Original YayaNews editorial coverage, published for informational purposes.
This article is sourced from CoinTelegraph. It is for informational purposes only and does not constitute investment advice.
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