Wire · regulatory
New CLARITY Act Draft Adds Sunset Ethics Ban on Trump's Crypto Ties, But Democrats Aren't Sold
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 23 July 2026 · Fusion42 review
The Digital Asset Market Clarity Act draft now includes a sunset ethics ban on presidential crypto conflicts of interest, expiring in 2029, with DOJ enforcement—but Democratic co-sponsor Senator Alsobrooks has signalled the provision is unserious and unacceptable in its current form.
This Wire brief sits within Fusion42's coverage of Fintech, and 34 sources have reported it between 21 Jul 2026 and 4 Sep 2026.
◆ ◆ The Wire takeaway
You're building in crypto: a bill you thought would pass just hit a wall because even its Democratic sponsors won't accept the compromise language. The ethics fight is live again, and the window to shape the final text closes in days—contact Lummis's office now if you have skin in the conflict-of-interest rules.
◆ Coverage
34 sources · first reported 21 Jul 2026 · latest 4 Sep 2026
◆ Related on Wire
◆ Topics