Trump’s Crypto Push Unites SEC, Senate, and Ripple Behind CLARITY Act

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President Donald Trump’s Truth Social post calling America the “crypto capital of the world” triggered a coordinated wave of support. The SEC, Senate Republicans, and Ripple all pressed for swift passage of the CLARITY Act. The remark marked Trump’s first public statement on crypto market structure since March. Industry leaders and lawmakers pushed the Digital Asset Market Clarity Act of 2025 toward a full Senate floor vote within hours. Trump’s Crypto Push Sparks Coordinated Washington & Industry Backing for CLARITY Act Trump argued former SEC Chair Gary Gensler and the “Anti-Crypto Army” had nearly destroyed the U.S. crypto industry. He vowed to codify a “future-proof” framework safe from “Crypto Haters.” On the account, SEC Chair Paul Atkins highlighted the agency’s enforcement-first era is “over,” promising market-wide clarity under Trump alongside Congress. The endorsement aligns with the broader Project Crypto agenda to bring blockchain markets onshore and reset US crypto policy. Ripple CEO Brad Garlinghouse called the moment a vindication after years of SEC litigation against the company. He said the anti-crypto coalition had been defeated by courts, voters, and Trump himself. The “Anti-Crypto Army” was defeated… by the courts… by the voters. And by Trump. It never made policy, legal or political sense,” Garlinghouse indicated. Follow us on X to get the latest news as it happens Senate Republicans Corral Votes for the CLARITY Act The U.S. Senate Banking Committee passed the CLARITY Act in a 15-9 bipartisan vote on May 14. Chairman Tim Scott echoed Trump’s framing of America as the global crypto hub. Senate Majority Leader John Thune now controls floor scheduling. Senator Cynthia Lummis used the moment to highlight a core consumer protection inside the bill, echoing failures from the FTX collapse. Without the Clarity Act, if a digital asset exchange goes bankrupt, customers have no guaranteed right to their own assets. They join a creditor line w/ other Wall Street firms and expensive lawyers and hope for the best,” she noted. The bill defines most digital tokens as commodities and splits oversight between the CFTC and SEC. It adds custodial protections for customer assets at exchanges. The legislation still requires 60 votes on the Senate floor and reconciliation with the House version. The August recess is the realistic cutoff before midterm politics complicate passage. Whether the coordinated messaging translates into a supermajority will define the bill’s path through 2026. Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

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