Trump Urges Senate to Scrap Filibuster Rule Over Crypto Legislation

US President Donald Trump has urged Republicans to abolish the Senate filibuster rule, citing its potential impact on government shutdowns and crypto legislation. Speaking on Fox News, Trump argued that ending the filibuster would allow Republicans to 'pass everything we want,' including bills related to digital assets.

The CLARITY Act, which aims to establish a comprehensive regulatory framework for crypto markets, has been stuck in negotiations over language and ethics provisions tied to Trump's own crypto businesses. The bill has bipartisan support but needs further Senate action to reach the president's desk.

Trump used the death of Sen. Lindsey Graham to renew his push for crypto legislation, urging the Senate to pass the CLARITY Act 'in honor of Senator Lindsey Graham.' He warned that China and other countries are trying to take control of digital assets and artificial intelligence.