The Trump official trying to cut a crypto deal that could crack down on Trump
Congress advances cryptocurrency legislation amid reports of internal negotiations involving Trump administration officials.
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The brief
The GENIUS Act has passed the Senate, while the CLARITY Act is currently advancing through House committees. These legislative developments arrive as the House Financial Services Committee schedules hearings for the coming month.
Coverage from Politico, CoinDesk, and a16z crypto emphasizes the concurrent legislative progress and reported efforts by a Trump official to negotiate a deal potentially impacting the administration. Observers are tracking the Senate trajectory of the CLARITY Act, which remains uncertain.
Future developments will depend on the outcome of the scheduled July hearings and the status of ongoing negotiations reported in the press.
Synthesized by headlinez.news from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (83% supported) Updated 1d ago.
Quick answers
What is the status of the CLARITY Act?
The act is currently advancing through House committees, with a congressional hearing scheduled for July 17, 2026.
Has any crypto legislation passed?
Yes, according to a16z crypto, the GENIUS Act has passed the Senate.
Are there challenges facing the CLARITY Act?
Coverage from CoinDesk indicates that the path for the CLARITY Act through the U.S. Senate remains unclear.
Coverage (6)
- Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess Yahoo Finance · 1d ago
- Regulatory update: GENIUS Act passes Senate, CLARITY Act advances out of House committees a16z crypto · 1d ago
- JUST IN: 🇺🇸 Congress schedules a hearing for the Clarity Act on July 17 👀 Moomoo · 1d ago
- HEARINGS NOTICE: House Financial Services Committee Schedule for July 2026 EIN Presswire · 1d ago
- In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer CoinDesk · 1d ago
- The Trump official trying to cut a crypto deal that could crack down on Trump Politico · 1d ago
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