According to CoinDesk, President Trump will meet with Republican Senators Bernie Moreno and Cynthia Lummis, along with White House crypto adviser Patrick Witt and Chief of Staff Susie Wiles, on Thursday at 2:30 p.m. to discuss ethics provisions of the Clarity Act cryptocurrency legislation. Solana Policy Institute President Kristin Smith said the meeting aims to pitch Trump ideas on ethics language and "hopefully get his sign-off."
Ethics provisions have emerged as the biggest obstacle to passing the landmark bill, which would regulate digital assets comprehensively at the federal level for the first time. Lawmakers are negotiating language to address concerns about Trump and his family's crypto ventures. Senate Majority Leader John Thune has signaled plans to send the bill to a full Senate vote before the August recess.