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Trump’s Truth Social Nudge Puts Senate Pressure on Crypto Bill
Trump's public plea for the CLARITY Act exposes a seven-Democrat math problem in the Senate. Polymarket sees a 45% chance of passage in 2026.
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President Donald Trump took to Truth Social on July 13 to call on the Senate to pass the Digital Asset Market Clarity Act. His post framed the legislation as a tribute to the late Sen. Lindsey Graham and a strategic move to keep the U.S. ahead of China in digital assets and artificial intelligence.
This is not a new bill. The House passed it on July 17, 2025, by a 294-134 vote. It cleared the Senate Banking Committee on May 14, 2026, by a 15-9 margin that included two Democratic votes. The full Senate floor vote is where it gets complicated.
The CLARITY Act draws a regulatory boundary the industry has been asking for. In plain terms: the SEC gets oversight of digital assets that look like securities, and the CFTC gets oversight of digital commodities.
Senate passage requires 60 votes to clear a filibuster. Republicans cannot get there alone. The bill needs at least seven Democratic votes. The Banking Committee vote showed two Democrats willing to cross the aisle. Seven is a different conversation.