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● LIVE Updated 1d ago · 9 sources tracked

Trump agrees to new bipartisan ethics provision in massive crypto bill, GOP aide says

President Donald Trump and the White House have agreed to new bipartisan ethics requirements to secure passage of the Clarity Act. GOP lawmakers are using these concessions to attract Democratic votes for the sweeping cryptocurrency legislation. Despite the agreement, the bill's fate remains uncertain as the Senate prepares for a vote this week. Meanwhile, crypto firms and banks have launched lobbying efforts in senators' home states, and Treasury Secretary Bessent has issued a warning regarding the pending vote.

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⚡ Key Developments & Real-Time Context
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  • ✓ President Donald Trump agreed to new ethics provisions for a cryptocurrency bill.
  • ✓ The White House accepted new ethics language in the crypto legislation.
  • ✓ The Senate is scheduled to vote on the Clarity Act this week.
🛡️ Source Corroboration: 9 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

President Trump agreed to bipartisan ethics language to facilitate the passage of the Clarity Act.

Live updates

  1. Trump accepts ethics provisions for Senate crypto bill

    President Donald Trump and the White House have agreed to new bipartisan ethics requirements to secure passage of the Clarity Act. GOP lawmakers are using these concessions to attract Democratic votes for the sweeping cryptocurrency legislation. Despite the agreement, the bill's fate remains uncertain as the Senate prepares for a vote this week. Meanwhile, crypto firms and banks have launched lobbying efforts in senators' home states, and Treasury Secretary Bessent has issued a warning regarding the pending vote.

    Why it matters

    The Clarity Act aims to establish a regulatory framework for cryptocurrency assets. Community banks have expressed concern that stablecoins offering higher yields could trigger a mass withdrawal of customer deposits.

    What is confirmed

    • President Donald Trump agreed to new ethics provisions for a cryptocurrency bill.
    • The White House accepted new ethics language in the crypto legislation.
    • The Senate is scheduled to vote on the Clarity Act this week.

    Still unconfirmed

    • Community banks fear customers will withdraw deposits to buy stablecoin crypto assets that could pay higher yields.
    • Treasury Secretary Bessent issued a stern warning ahead of the Senate vote.
    • Crypto and banking interests are lobbying senators in their home states.

    What to watch next

    • The outcome of the Senate vote on the Clarity Act this week.
    • Details of the specific ethics provisions agreed upon by the White House.
    Sources used for this update (9)
    1. Reuters — Crypto, banks take lobbying war to US senators' home states ahead of key vote
    2. AP News — Trump agrees to new bipartisan ethics provision in massive crypto bill, GOP aide says
    3. thehill.com — White House agrees to new ethics language in crypto bill
    4. Punchbowl News — Uncertainty over the Senate’s Clarity Act vote this week
    5. CoinDesk — Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
    6. AP News — Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
    7. Yahoo Finance Australia — Treasury Secretary Bessent issues stern warning ahead of Senate vote
    8. www.cnbc.com — Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes
    9. www.mercurynews.com — Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
    confidence 90%
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