Clarity Act Ethics Provisions Face Democratic Skepticism Over Trump Crypto Profits

The Senate’s Clarity Act would bring crypto markets under federal rules and add ethics guardrails for Trump, his spouse, and lawmakers, including blind trusts, divestiture after enactment, and crypto-disclosure. Democrats say the provisions don’t stop Trump from profiting or using crypto for influence, while Republicans argue the bill provides necessary governance. Enforcement would rest with an Acting Attorney General, and the ethics provisions sunset in 2029; with room for amendments and floor-time uncertainty, its fate before the August recess looks doubtful.