Politico: Trump to Meet Senators Thursday on CLARITY Act Crypto Market Structure Push

U.S. President Donald Trump is set to host a group of senators at the White House on Thursday to review the status of the crypto market structure legislation known as the CLARITY Act and discuss how to keep the bill's momentum intact, Politico reported. Sen. Bernie Moreno said lawmakers will brief Trump on the measure and its "path to success." Sen. Cynthia Lummis is also expected to attend, according to a Senate Republican aide. The meeting comes as negotiators work to finalize a revised text ahead of the Senate's August recess. Trump meeting adds urgency to legislative push The White House session is being positioned as part of a broader effort to keep the CLARITY Act moving through Congress. Moreno told Politico senators plan to walk through "the entirety of the bill" with Trump, adding the president has stayed closely engaged. For crypto firms and investors, the bill's stakes are practical: a clearer federal market structure framework could reshape how crypto-related products and services are regulated, what compliance pathways look like, and how market participants manage enforcement risk. Senators try to lock in a deal before the August recess Lawmakers are aiming to reach agreement by the end of this week, Politico said. Sen. Thom Tillis, described as working through "unresolved provisions," said negotiators need to wrap up key points if they want time for a floor vote before the recess. A revised draft is expected to address or adjust provisions that have slowed progress. The updated text could determine whether senators view the bill as ready for a vote and influence how exchanges, financial intermediaries, and compliance teams prepare operationally. Lummis expects new draft in days, floor action next week Speaking on Fox Business on Wednesday, Lummis said a new version of the CLARITY Act will be introduced in the coming days and could reach the Senate floor next week. That timeline suggests talks may be narrowing remaining disputes enough to begin the formal voting process, though the substance of any revisions will be central to whether support expands or splinters. Cointelegraph sought additional comment from Lummis. Prediction markets see higher odds of a prerecess vote than swift enactment Traders are also pricing the bill's trajectory. On Kalshi, markets imply a 79% chance the Senate votes on the CLARITY Act before the August recess, up from 68.8% a day earlier. A $3 million Kalshi market puts the probability of the bill becoming law at 36% in 2026 and 62% by the end of 2027. Polymarket traders assign a 39% chance the CLARITY Act is signed into law this year. The gap between vote odds and enactment odds reflects a familiar Washington dynamic: getting to a floor vote can be quicker than navigating the additional steps needed for final passage and signature. What to watch The next catalyst is the release of the revised CLARITY Act text and whether it consolidates enough support to secure a Senate floor slot before the August recess. Even if a vote is scheduled, markets are signaling that ultimate enactment remains uncertain.