Federal Policy Pulse

Senate Crypto Clarity Act and Trump EO

Senate Crypto Clarity Act and Trump EO

Key Questions

What is the status of the CLARITY Act in the Senate?

The CLARITY Act cleared the Senate Banking Committee by a 15-9 vote and is scheduled for floor debate in mid-June.

How likely is passage of the crypto bill?

Passage odds are estimated at 60 percent, with over 200 crypto organizations urging a Senate vote before the window closes.

What did Trump’s executive order on crypto accomplish?

The order opens Federal Reserve rails to fintech firms and signals a broader shift in crypto regulation.

What regulatory milestone did the CFTC recently approve?

The CFTC approved the first regulated Bitcoin perpetual contract, marking a step toward clearer oversight.

What position has Fed Governor Bowman taken on crypto?

Governor Bowman signaled a regulatory shift supporting stablecoin rules and greater clarity for crypto activities.

CLARITY Act cleared Senate Banking 15-9; floor debate mid-June. HFSC Chair Hill optimistic. White House signals 'big week ahead'; Lummis warns window closes until 2030. Over 200 crypto organizations urged Senate vote; passage odds 60%. Trump EO opens Fed rails to fintechs. CFTC approved first regulated Bitcoin perpetual contract. Fed Governor Bowman signals crypto regulatory shift.

Sources (3)
Updated Jun 16, 2026
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