Trump Scheduled to Discuss CLARITY Act with Senators Before Senate Vote

A private meeting between Donald Trump and senators will happen July 18, 2026. The goal is to discuss the CLARITY Act before the Senate’s major crypto vote later this month. Reports from Politico and Axios say the bill has drawn over 38 amendments from lawmakers already. The law aims to create clear federal guidelines for U.S. digital currency markets and prediction platforms. Lawmakers from both parties have weighed in with changes to the proposal. More details are available at More related coverage.

White House Intervention Ahead of Key Vote

Recent reports from Politico reveal senior officials have quietly worked with Senate leaders since July 9. Their talks focus on the most debated parts of the bill, including allowed prediction markets, new customer disclosure rules, and how far federal rules should override state laws. The White House has scheduled expert roundtable sessions, setting up at least five technical briefings before the July 22 vote.

Senate Lobbying Intensifies on CLARITY Act Provisions

Lobbying efforts have grown quickly since April 2026, according to Axios. Crypto groups keep pushing for changes to Section 304 on asset custody.

Bipartisan Fault Lines Emerge Over Prediction Markets

The Hill reports that prediction markets have become a deeply divisive topic in this debate. Republican senators support wider exceptions for regulated betting on election outcomes. Many Democrats respond by seeking a ban or strict limits out of concern for electoral fairness and privacy risks. The Congressional Research Service says that at least 60 senators remain unsure or may support amendments related to this main issue.

Trump’s Public Signaling on Prediction Policy

Several public speeches by Trump have addressed digital assets and prediction market policies, Reuters notes. At a campaign event in Ohio on July 12, he called for “fair, transparent, and forward-looking” oversight of U.S. crypto companies. This public stance drew new attention from donors. FEC filings also show tech industry supporters have increased their PAC contributions backing the measure since early July.

The Wall Street Journal reports July 25, 2026 is the final date for a Senate committee markup before the August break.

State Reactions and Future Implications for Crypto Regulation

Concerns from state regulators have surfaced about the bill’s federal preemption rule. Statements from July 10 to a national group of state lawmakers warn that tougher local rules may be overridden by new federal law. California, New York. Illinois manage a large part of U.S. digital asset trades.

Lummis Pushes CLARITY Act as Crypto Rules.