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CLARITY Act bars Trump, Congress from crypto profits through 2029
The CLARITY Act bars Trump, Congress, and judges from crypto profits until 2029. Democrats say the five-year window is too short. No vote scheduled.
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The CLARITY Act includes a provision that prevents President Trump, members of Congress, and federal judges from issuing or profiting from cryptocurrencies until 2029, according to the bill text. The ethics clause targets conflicts of interest in digital asset markets, where policymakers have faced scrutiny over personal holdings and industry ties.
Democrats criticized the five-year window as too short. The temporary ban leaves a gap after 2029, they argue, and does not address broader ethical standards for elected officials trading or backing digital assets. No amendment extending the restriction has been proposed.