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Sep 14, 2026 · Archive
CryptoPolitics

Lummis Releases Final Clarity Act Text With Trump Ethics Clause

Lummis Releases Final Clarity Act Text With Trump Ethics Clause

The bill folds in 126 Democrat-requested changes and hands state attorneys general enforcement power ahead of Tuesday's Senate vote.

  • Trump agreed to ethics limits covering himself, the vice president, judges and spouses of elected officials.
  • The Senate Banking Committee passed the bill 15-9 in May before Tuesday's floor vote.
  • BlackRock, Goldman Sachs, Fidelity and Charles Schwab back the split of SEC and CFTC oversight.

Why it matters: The politicians it restrains helped write the restraint, and the banks it frees financed the writing.

Sen. Cynthia Lummis press release (with Boozman, Scott) ↗ · Sep 14, 20269/14/26