Trump to Meet Senators on CLARITY Act Ahead of Senate Recess

White House meeting aims to accelerate CLARITY Act progress

US President Donald Trump will host a group of senators at the White House on Thursday to review the CLARITY Act, the high-profile crypto market structure bill that lawmakers are rushing to advance before the Senate's August recess. Politico reported that Senator Bernie Moreno confirmed a briefing to outline the bill and "its path to success," and that Senator Cynthia Lummis will also attend, according to a Senate Republican aide.

Senators outline stakes and timeline

Senator Moreno emphasized the administration's engagement with the legislation, saying, "We’ll be talking about the entirety of the bill. I mean, obviously the president’s been very engaged in this bill. He’s the one who’s really driven the innovation that I think will pay dividends." The meeting comes amid intense negotiations to finalize unresolved provisions and move the CLARITY Act through the Senate before lawmakers depart for recess.

Senator Thom Tillis, who has helped reconcile differences in the draft, told Politico he hopes negotiators can reach agreement "by the end of this week." "I think it’s critical if we’re going to try and get this across the floor before August recess," Tillis added, underlining the compressed timeline.

Draft updates and Senate floor expectations

Senator Lummis told Fox Business that a revised draft will be introduced in the coming days and is expected to reach the Senate floor next week. Cointelegraph reached out to Lummis for further comment. The CLARITY Act remains a focal point for policy discussions about crypto regulation, market structure, and how to integrate digital assets like Bitcoin and Ethereum into a clearer legal framework.

Market odds and political realities

Prediction markets have been tracking the bill’s near-term prospects. Traders on Kalshi raised the probability that the CLARITY Act will receive a Senate vote before the August recess to 79%, up from 68.8% the previous day. However, markets are more skeptical about the bill becoming law this year: a $3 million Kalshi market places the chance of the CLARITY Act being enacted in 2026 at 36%, and at 62% by the end of 2027. Polymarket traders have assigned a 39% probability to the bill being signed into law within 2026.

Why the CLARITY Act matters for crypto

If passed, the CLARITY Act would reshape U.S. crypto regulation and market structure, clarifying agency roles and potentially accelerating institutional adoption. For industry stakeholders — exchanges, stablecoin issuers, and DeFi projects — the bill represents a pivotal legislative window that could influence compliance, listing decisions, and long-term innovation.

As talks intensify this week, the White House meeting will be watched closely by crypto markets and policy observers monitoring whether lawmakers can bridge remaining differences in time for an August vote.