SCOOP: Trump officials, crypto advocates want Senate Banking to hold speedy markup on CLARITY Act

With Senate legislating time dwindling and a long list of key priorities before the midterms, key voices within the Trump administration and crypto community want the Senate Banking Committee to schedule a markup to advance the CLARITY Act, legislation that will establish clear regulatory framework for digital assets. 

The CLARITY Act passed in the House last September but hit a stumbling block in the Senate and has been stalled for several months, despite being a top priority of President Donald Trump via his “Make America the capitol of crypto” agenda.

Public Policy Solutions, a group led by former Trump Domestic Policy Chief Joe Grogan and former CFPB Official John Czwartacki, added that “now is the time for Senate Banking to hold a markup and pass the bill for POTUS to sign — which will support President Trump’s pro-consumer and pro-crypto agenda.”

Read the full article at Washington Reporter.