Trump backs ethics clause as crypto bill moves toward Senate vote
President Trump has agreed to ethics language on digital-asset dealings, potentially clearing the last major hurdle for a broad crypto bill (the Clarity Act) to pass the Senate before an early-August deadline. The bill would establish a federal crypto framework and assign oversight to the SEC and CFTC. Text could be released in coming days, with negotiations focusing on how officials profit from crypto; White House adviser Patrick Witt remains in place as talks continue, and the measure would move to the House if the Senate approves before returning to Trump for final action.