Democratic U.S. senators are set to block the CLARITY Act’s cloture procedure due to the White House’s failure to respond to a bipartisan ethics bill regulating public officials’ crypto activities. The main sticking point concerns limits aimed at preventing federal officials from profiting from digital assets during their tenure, a provision directly targeting the Trump family. Senate Majority Leader John Thune still wants to hold a vote before the summer recess, but parliamentary mechanics are complicating the timeline. Markets are already pricing in this blockage: Polymarket odds for CLARITY Act passage in 2026 have dropped from 27% to 23%, while Bitcoin trades around $64,000.
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