CLARITY Act Faces Senate Hurdles Over Trump Family Crypto Conflicts

The CLARITY Act, a proposed federal law aimed at creating a regulatory framework for stablecoins, has hit a significant roadblock in its passage through the US Senate.

According to analysts from TD Cowen's Washington Research Group, the bill is facing major obstacles due to conflicts of interest related to President Trump's family crypto ventures. The Democratic Party is likely to demand provisions that prevent these conflicts, but President Trump is reportedly unwilling to sign legislation that would restrict his family's businesses.

This creates a political deadlock that could stall the bill indefinitely. Analysts predict that if this issue is not resolved, the passage of the CLARITY Act may be delayed until after 2027 or even 2029, which would continue uncertainty for businesses and investors operating in the US market.