- Trump agreed to roughly 80% of the Tillis‑Gallego ethics proposal, according to a senior GOP aide.
- The revised CLARITY Act would grant state attorneys general authority to enforce certain crypto violations.
- Certain officials would need to divest substantial holdings in crypto‑issuing entities or place them in a blind trust.
- The Senate will hold a procedural vote on September 15, requiring 60 votes to advance the bill.
President Donald Trump has accepted a major portion of a bipartisan crypto ethics proposal linked to the CLARITY Act, according to Republican senators and a senior GOP aide. The concession comes ahead of Tuesday’s Senate procedural vote, where supporters need 60 votes to move the bill forward.
Senate Republicans released a revised version of the CLARITY Act after President Donald Trump agreed to an ethics compromise.
The concession addresses conflict‑of‑interest concerns raised by Senator Thom Tillis and Democratic senators whose support is needed to advance the measure on Tuesday.
What Crypto Ethics Rules Did Trump Accept?
The original bill included a provision barring federally elected officials, their spouses, and federal judges from issuing digital assets.
A bipartisan group led by Tillis and Senator Ruben Gallego pushed for stronger enforcement, urging that state attorneys general be permitted to act alongside the Justice Department.
Trump agreed to about 80% of the Tillis‑Gallego ethics proposal, according to a senior GOP aide cited by AP News, in an effort to clear the path for the 60‑vote procedural threshold in the Senate.
The updated bill would require certain officials to divest significant crypto‑related financial interests or place them in a blind trust.
The revised bill would allow state attorneys general to sue crypto exchanges that list digital assets prohibited under the legislation, according to a senior GOP aide.
Republican Senators Cynthia Lummis, Tim Scott, and John Boozman confirmed on X that the changes give state attorneys general a meaningful enforcement role.
After a year of intense daily bipartisan negotiations, this bill is ready. Here is the final text. President Trump voluntarily agreed to new ethics provisions holding every federally elected official, judge, and their spouses to some of the toughest ethics restrictions in U.S.…
— Senator Cynthia Lummis (@SenLummis) September 14, 2026
Why Was the CLARITY Act Stuck?
Democratic senators have made stronger conflict‑of‑interest protections a condition for advancing the bill. Tillis and Gallego had specifically pushed for state‑level enforcement authority alongside the Justice Department.
White House officials had previously raised concerns that state attorneys general could use the authority for political purposes, according to people familiar with the discussions.
White House crypto adviser Patrick Witt said Sunday that the administration had responded to Democrats’ policy concerns after more than a year of negotiations.
The CLARITY Act is designed to establish a federal framework for digital‑asset market regulation, making the ethics dispute a key political hurdle to broader crypto legislation.
DailyCoin previously reported that ethics provisions remained among the central obstacles to the bill’s progress.
What Happens in the Senate on September 15?
The Senate is scheduled to hold a procedural vote on September 15, with 60 votes needed to advance the bill.
If the procedural vote fails, the CLARITY Act’s path to enactment in 2026 would become significantly more difficult, particularly with the November midterm elections approaching.
