US officials barred until 2029 from issuing or sponsoring tokens under CLARITY's proposed ...

Senate Republicans released the CLARITY Act text, which would bar all US federal officials from issuing or sponsoring digital assets until January 2029, with enforcement by the Department of Justice. The temporary ban applies to sitting officials including President Trump but notably excludes their children, and passage requires Democratic support to reach 60 votes.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.