Senators ready to send stricter ethics rules on Trump's crypto ventures to White House, sources say

Insiders say that the bipartisan Senate duo revamping the bill's Trump-approved ethics section have come up with something they hope wins sufficient yes votes.

  • The two U.S. senators who have been working on a compromise to satisfy all sides in the crypto Clarity Act’s ethics push have finalized their approach, sources say, though the details haven’t yet emerged.
  • Senators Thom Tillis, a Republican, and Ruben Gallego, a Democrat, took on the task when it became apparent that the White House-approved section governing crypto conflicts of interest for senior U.S. officials wasn’t going to satisfy most Democrats.
  • If their effort works, the Clarity Act has scant time to make it through the Senate’s arcane voting process if it’s going to become law this year.

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