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#TrumpCallsForClarityActPassage President Donald Trump just made a direct and public push for the Senate to pass the Digital Asset Market CLARITY Act, urging lawmakers to approve the bill in honor of the late Senator Lindsey Graham . The bill, which would establish a comprehensive federal framework for digital asset markets, is currently stalled due to a standoff over ethics provisions, with Democrats demanding restrictions on crypto-related profits for government officials .
Trump's Endorsement
In a Truth Social post on July 13, Trump called for the Senate to pass the bill, linking it to U.S. leadership and competition with China . "China, and many other countries, would like to take complete and total control of this major financial 'happening,' as well as A.I.," he wrote. "Don’t let China win on either subject!!!" . The endorsement comes just days after Graham's death, which narrowed the Republican majority from 53 to 52 seats, making Democratic support even more critical .
The Sticking Point: Ethics and Trump's $1.4B Crypto Fortune
Democrats are conditioning their support on adding ethics provisions to the bill that would restrict conflicts of interest, a demand shaped largely by Trump's recent financial disclosures . The president reportedly earned more than $1.4 billion** from crypto ventures in 2025, including **$636 million from the Official Trump memecoin . Senator Kirsten Gillibrand is pushing to make it illegal for presidents to issue or sponsor digital assets . A new draft of the bill is expected to circulate soon, but sources say it will not include finalized language on the ethics section .
The Calendar Crunch and Vote Math
The Senate has only a few weeks to act before the August recess, with floor action reportedly targeted for the week of July 20 . The CLARITY Act needs 60 votes to overcome a filibuster, meaning at least seven Democrats must cross the aisle to support it . White House Crypto Advisor Patrick Witt described this as a "critical week," emphasizing the urgency with the one-year anniversary of the stablecoin bill passing .