BREAKING:
Treasury Secretary Scott Bessent just put the full weight of the Treasury behind crypto.
"The most important thing we can do is make digital assets come into the United States."
"Make the U.S. the home."
"I would encourage the House and the Senate to get CLARITY done."
This is the man who controls America's financial machinery.
Telling Congress directly. Pass the bill.
And look at who's now lined up behind it.
Treasury Secretary. Pushing.
Senator Lummis. Pushing.
Senator Tim Scott. Pushing.
The CFTC Chairman. Confirmed it passes.
The entire administration moving in one direction.
While the banks fight to slow it down.
Lummis already said the text drops over July 4th.
Then they move in July.
The window before recess is closing.
And the most powerful financial voices in America.
Are racing to beat the clock.
$20,000,000,000,000 in sidelined capital waiting on the other side.
The home of digital assets is being decided right now.
And America just made its move.
🇺🇸 JAMIE DIMON, CEO OF JPMORGAN CHASE, SAID IT OUT LOUD:
“YOUR KIDS WILL WORK 3.5 DAYS A WEEK.
LIVE TO 100.
AI IS GOING TO CURE CANCER, STOP CAR CRASHES, MAKE NEW MATERIALS, SAVE LIVES.
LIFE WILL BE BETTER.”
HE’S NOT A TECH BRO DREAMING OUT LOUD.
THIS MAN RUNS THE MONEY.
⚠️SENATOR CYNTHIA LUMMIS SAYS HER CRYPTO TAX BILL WOULD "PUT AND END TO THE UNFAIR TAX PRACTICES & LEVEL THE PLAYING FIELD FOR DIGITAL ASSETS!" 👀
LEVEL PLAYING FIELD 🫣 ripple:native
The Clarity Act.
The Doomers keep insisting the Clarity Act will never pass, that Team Warren and Dimon will win, and that is the responsible outcome. What they miss is that the real winner in that scenario is not “prudence,” it is China. Just as those who project that voter ID is inherently controversial often ignore the basic issue of who sets the rules of the system, control the game. Many of today’s critics overlook a simple fact: if the US does not set the standards in the crypto and digital-asset world, Beijing will be more than happy to step in.
America has a history of turning strategic advantages into self-inflicted wounds, from handing transistor know‑how to allies who became competitors after WWII, to letting semiconductor manufacturing drift offshore. It is now flirting with a repeat in digital finance.
The Clarity Act is not about blessing every new token; it is about whether US capital markets and the dollar sit at the centre of the next financial architecture, or end up operating on rails designed somewhere else.
Seen through that lens, passing the Clarity Act is less about placating “crypto bros” than about avoiding another quiet own goal in a domain that will shape money, markets, and power for decades.
🚨IT'S HAPPENING: 🇺🇸 Senator Cynthia Lummis "We think we have got it together with the White House, and I am so grateful!"
AMERICA IS BECOMING THE CRYPTO CAPITAL OF THE WORLD! 🔥
🚨UPDATE: Clarity Act Vote Window Set For JULY 20 EARLIEST — Thune Says TIME Is RUNNING OUT To Resolve Final Issues 🤯🇺🇸🔥
Congress is OFFICIALLY in recess until July 13, but behind the scenes the Clarity Act negotiations are FAR from over. 👀
Senate Majority Leader John Thunes has ADMITTED major issues that MUST be resolved before a Senate floor vote can happen. 😳
❌ Ethics agreement
❌ BRCA (Blockchain Regulatory Certainty Act)
❌ Stablecoin yield language
❌ Banking vs. Agriculture Committee bill text
❌ State preemption and exchange conflict rules
Key Democratic support STILL depends on reaching an ethics compromise, and negotiators are expected to exchange NEW PROPOSALS throughout the July 4 recess. ✅
Even after those issues are resolved…
The Clarity Act must STILL compete for Senate floor time, with Thune saying the annual Defense bill will be the FIRST priority once lawmakers return. ⚠️
That means the EARLIEST window many are watching for a Clarity Act vote is the week of July 20, assuming NOTHING else DELAYS the Senate schedule. 🗓️
ALL EYES ON JULY 👀
🚨JUST IN: GOP Pushes To PASS The Clarity Act BEFORE Congress Leaves For August Recess 👀🔥
@a16z says SHORTER timeline could HELP Congress SPEED UP The Clarity Act Deal FASTER. 🤯
🚨NEW: There is a renewed sense of urgency among GOP lawmakers to get the Clarity Act passed, I’m told.
It’s being driven by heightened political pressure following the fallout from the Housing bill, as well as the realization that time is running short.
When senators return from recess on July 13, they’ll have just 20 working days (roughly four weeks) to get the legislation through the Senate and back to the House before the August recess.
They depart Washington today with a handful of key issues still unresolved, including ethics.
But that's not fazing some industry leaders like @a16z's @milesjennings, who says the pressure and time constraints could ultimately create the conditions needed to strike a deal.
@SolanaInstitute President @KristinSmith lays out why she believes there's still a path forward to getting the Clarity Act passed next month. ⬇️
SEN. CYNTHIA LUMMIS: "DIGITAL ASSET INNOVATION DOESN'T WAIT FOR REGULATORY CLARITY. IT JUST MOVES SOMEWHERE ELSE. I REFUSE TO LET THAT KEEP HAPPENING ON MY WATCH."
💥HUGE NEWS: 🇺🇸 US Senators will meet with over 50 crypto leaders TODAY to finalize the CLARITY ACT.
A full Senate floor vote is imminent, and Trump is ready to sign it into law!🔥