Senate Republicans Unveil Final CLARITY Act Draft Following Ethics Agreement With Trump

Breakthrough on Ethics Provisions

Senate Republicans have published what they describe as the final draft of the CLARITY Act after Donald Trump agreed to key ethics requirements. The updated legislative text introduces restrictions governing digital asset dealings and crypto holdings for government officials, addressing a major hurdle that had previously stalled progress on the bill.

The agreement to include these revised oversight standards reflects an effort to resolve concerns surrounding potential conflicts of interest among policymakers. Lawmakers hope that formalizing these ethics rules will bring greater legislative momentum and establish long-sought regulatory certainty for the digital asset sector.

Expanded Enforcement and CBDC Removal

In addition to official conduct rules, the revised text contains several critical adjustments to regulatory enforcement and policy priorities. Coinpedia reported that Trump agreed to a measure granting state attorneys general the authority to sue federal regulatory bodies and cryptocurrency exchanges over violations of the CLARITY Act. This mechanism introduces a distinct layer of state-level oversight covering both market participants and federal agencies.

The legislation also underwent adjustments regarding central bank digital currencies. According to reporting by AMBCrypto, drafters eliminated a section that explicitly opposed CBDCs, redirecting the bill's focus toward consolidating disparate regulatory proposals. The revised draft instead emphasizes stricter exchange regulations, tighter market oversight, and institutional compliance standards.

Next Steps in the Senate

With the compromise text now formalized, Senate Republicans are positioning the CLARITY Act for an upcoming cloture vote. The forthcoming procedural vote will serve as a crucial test of whether the unified draft and its ethics concessions can secure sufficient backing to advance through the upper chamber. If enacted, the measure would establish a broad federal framework governing how digital asset firms and regulatory bodies operate across the United States.