CLARITY Act: Trump Accepts Ethics Rules

CLARITY Act gains momentum after Trump accepts ethics rules that would require officials holding large crypto stakes to sell those assets or place them in blind trusts, while legal shields cover only BSA violations and civil cases. Treasury gains authority to intervene if stablecoin yields trigger major bank deposit outflows, and new provisions block officials plus spouses from issuing digital assets to curb conflicts in digital commodities trading. The bill still needs 60 Senate votes to advance, with a key procedural vote scheduled for Tuesday, Sept. 15, following Trump's disclosure of more than $1.4B in crypto-related income during 2025.