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Trump Allies Back CLARITY Act Ahead of Senate Return
Former crypto coordinator David Sacks and the head of the Commodity Futures Trading Commission Michael Selig on Wednesday, April 9, urged the Senate to pass the Digital Asset Market Clarity Act.
Their statements came four days before the Senate’s return from Easter recess on April 13. Consideration of the bill in the Senate Banking Committee is expected later this month.
Pressure Builds Ahead of Senate Return
Sacks, who recently finished his role at the White House as AI and crypto advisor, stated that the GENIUS Act has already secured U.S. leadership in the stablecoin space.
According to him, the CLARITY Act should extend this framework to the entire digital asset market by establishing clear regulatory rules.
“Now is the time to act. The Senate Banking Committee, and then the full Senate, must pass this bill. I am confident they will. After that, President Donald Trump will sign this historic document,” Sacks emphasized.
Shortly before this, U.S. Treasury Secretary Scott Bessent urged the Banking Committee to mark up the bill and send it to the president for signature.
The head of the Commodity Futures Trading Commission Michael Selig also supported Bessent’s position. He noted that together with Securities and Exchange Commission Chairman Paul Atkins, they are ready to implement the new rules once adopted.
According to Selig, the bill is needed to protect the digital asset market from potential regulatory reversals in case of a change in political power.
In a similar vein, Securities and Exchange Commission Chairman Paul Atkins called on Congress to safeguard the market from unpredictable regulators and push the comprehensive bill directly to President Trump.
“Project Crypto is designed so that after Congress passes the law, the SEC and CFTC can immediately begin implementing the CLARITY Act,” Atkins wrote.
Late April Could Be Decisive
Senator Cynthia Lummis confirmed that the Banking Committee will attempt to review the bill in the second half of April.
Senator Bernie Moreno warned that if the bill is not passed by May, discussions on digital asset regulation could be delayed until the midterm elections in November 2026.
The CLARITY Act already passed the House of Representatives in July 2025 with a vote of 294 to 134. In January 2026, the Senate Agriculture Committee approved its portion.
However, the Banking Committee has already postponed consideration twice: first in January due to disputes over stablecoin yields, and again in March.
Coordinated statements from several figures close to the administration indicate that the White House is currently applying maximum pressure on the Senate. The coming week may be the last real opportunity to advance the bill.
See also: "Federal Reserve: Rate Cut Plans for 2026 Remain in Place Despite War with Iran"
