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Dem Senator Slams CLARITY Ethics Proposal

Senator Ruben Gallego said he will work with Republican Senator Thom Tillis and others on alternative ethics language as lawmakers seek a bipartisan deal.

Financial news writerUpdated: 0 ViewsSource CoinTelegraph

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Dem Senator Slams CLARITY Ethics Proposal
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Senator Ruben Gallego said he will work with Republican Senator Thom Tillis and others on alternative ethics language as lawmakers seek a bipartisan deal.

Dem Senator Slams CLARITY Ethics Proposal

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Written by

Felix Ng

staff editor

Reviewed by

Yohan Yun

staff editor

Written by

Felix Ng

staff editor

Reviewed by

Yohan Yun

staff editor

Dem senator calls GOP’s CLARITY ethics proposal a ‘piece of shit’: Politico

Latest News

Published

Jul 24, 2026

On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions.

Democratic Senator Ruben Gallego says he will be working with Republicans to come up with a counterproposal to White House-approved ethics provisions in the CLARITY Act, saying the draft released this week was “not a serious effort.”

On Wednesday, Senate Republicans released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including US President Donald Trump — from issuing or sponsoring any digital asset. Democrats said the ethics provisions fall short.

“Whatever piece of shit they sent back to us, that was not a serious effort,” Senator Ruben Gallego

told

Politico on Thursday.

Related:

Here’s why the CLARITY Act’s ethics deal may be so hard to reach

“I can’t imagine that that’s a serious effort — after all the work that we’ve done with our Republican colleagues, that they would take the months and months of work and somehow interpret that and turn around and think what they offered was even remotely close.”

Senate Republicans have rejected the idea that the ethics provisions are weak, with Senator Bernie Moreno

describing

the draft as containing “the most powerful ethics language in US history.”

Gallego said he would work with Senator Thom Tillis and other Republicans on a counterproposal.

“We are still in this fight,” Gallego told Politico. “We are going to send back language.”

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