White House adviser says Clarity Act could become law by July 4

A senior White House official expressed optimism this week that the Clarity Act could reach President Donald Trump's desk by Independence Day. The comments came during Consensus Miami 2026, where lawmakers and industry figures also discussed ethics rules and prediction markets.

White House Executive Director Patrick Witt told attendees it remains possible for Trump to sign the Clarity Act into law by July 4. The schedule would require a Senate Banking Committee markup this month, several weeks for bill merging and reconciliation, and final votes in both chambers.

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Senate banking committee members in a formal hearing room debating cryptocurrency legislation.
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Senate banking committee to mark up clarity act next week

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Lawmakers are accelerating efforts to advance the Digital Asset Market Clarity Act through the Senate, with a key committee markup scheduled for the week of May 11. White House and congressional officials are pushing for passage by July 4 amid ongoing negotiations over stablecoin rules and ethics provisions.

A Coinbase executive and crypto adviser predict the Senate Banking Committee will hold its markup on the Digital Asset Market Clarity Act this month, leaving time for a potential Senate floor vote in June as lawmakers target July 4 passage.

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More than 200 crypto companies and organizations sent a letter to Senate leaders on June 7 calling for an immediate floor vote on the CLARITY Act. The push follows the Senate Banking Committee's 15-9 bipartisan approval of the bill on May 14. Prediction markets have lowered odds of passage before August.

Crypto sentiment platform Santiment has highlighted growing euphoria around Bitcoin linked to momentum behind the US CLARITY Act.

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Ripple Labs CEO Brad Garlinghouse stated that the U.S. Senate's crypto market structure bill, known as the Clarity Act, remains uncertain despite a recent stablecoin compromise. Speaking at Consensus 2026 in Miami Beach, he emphasized that a Senate Banking Committee hearing this month is crucial for its advancement. Without it in the next two weeks, the bill's chances could drop sharply.

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