Wednesday's White House meeting will essentially determine whether the "Clarity Act" can survive. The tug-of-war between law enforcement agencies and developer protections is very real. Let's see how Lummis mediates.

The White House held a meeting with law enforcement agencies this week regarding the Digital Asset Market Clarity Act, mediating core disagreements such as developer protections, which may hinder the advancement of the regulatory framework. If law enforcement agencies are dissatisfied, some Democrats will not support it. The week is seen as critical, with several goodwill proposals to bridge the gaps. The bill has previously passed the House and Senate Banking Committees and is now submitted to the full Senate for a vote, with Cynthia Lummis pushing for immediate passage.