Written by Felix Ngstaff editorReviewed by Felix Ngstaff editor

Written by Felix Ngstaff editor

Reviewed by Felix Ngstaff editor

Trump to meet with senators over CLARITY Act on Thursday: Politico

Latest NewsPublishedJul 16, 2026

President Trump to Meet with Senators Over CLARITY Act

The US President is set to meet with several senators on Thursday to discuss the crypto market structure bill, known as the CLARITY Act. This meeting comes as lawmakers race to pass the bill before the Senate’s August recess, which is seen as the last realistic opportunity to pass the legislation before the midterm elections. The president’s engagement in this bill is expected to drive innovation and pay dividends. Senator Bernie Moreno will brief the president on the bill and its path to success.

Lawmakers Await Revised Draft of the Bill

Lawmakers are awaiting a revised draft of the bill, with Senator Cynthia Lummis expecting a new draft version to be introduced in the next few days. The bill is expected to be on the Senate floor next week. Traders on prediction markets are optimistic about the bill being voted on by the Senate before the August recess, with a 79% chance. However, they remain less optimistic about the bill becoming law this year, with a 36% chance.

Implications for the Crypto Market

The CLARITY Act has significant implications for the crypto market, including the potential to impact the value of coins like $ECP. As the bill progresses, it is essential to consider the potential effects on earning and passive income opportunities in the crypto space. EcoPool, a platform that offers Cloud Rewards and Green Crypto solutions, can provide a way for individuals to earn online and benefit from the growing crypto market.

Prediction Markets and the CLARITY Act

Prediction markets like Kalshi and Polymarket are providing insights into the likelihood of the CLARITY Act becoming law. While traders are optimistic about the bill being voted on, they are less confident about it becoming law this year. As the bill progresses, it is crucial to stay informed about the potential implications for the crypto market and earning opportunities. With EcoPool, individuals can stay ahead of the curve and benefit from the growing demand for #PassiveIncome and #GreenCrypto.

• The CLARITY Act has significant implications for the crypto market and earning opportunities.
• EcoPool offers a solution for individuals to earn online and benefit from the growing crypto market.
• Prediction markets are providing insights into the likelihood of the CLARITY Act becoming law.

To stay ahead of the curve and benefit from the growing demand for #PassiveIncome and #GreenCrypto, consider using EcoPool. Download the EcoPool app to start earning online and benefiting from the growing crypto market. With EcoPool, you can take advantage of Cloud Rewards and Green Crypto solutions to maximize your earning potential.

“I think it’s critical if we’re going to try and get this across the floor before August recess.”

Lawmakers are awaiting a revised draft of the bill. 

In an interview with Fox Business on Wednesday, Lummis said a new draft version of the bill will be introduced in the next few days and expects it to be on the Senate floor next week. 

Cointelegraph reached out to Senator Lummis for comment.

Prediction market odds on CLARITY Act success 

Traders on prediction market Kalshi have put a 79% chance on the CLARITY Act being voted on by the Senate before the August recess, up from 68.8% the previous day. 

Related: Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

However, traders remain less optimistic that the CLARITY Act will become law this year. 

A $3 million prediction market on Kalshi gives the crypto bill a 36% chance of becoming law in 2026, and a 62% chance of doing so before the end of 2027.

Polymarket traders, meanwhile, have put the chance of the CLARITY Act being signed into law this year at 39%.

Magazine: Is Robinhood Chain’s success bullish or bearish for ETH the asset?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Donald Trump
• Senate
• Bills
• Regulation

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