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CLARITY Act's 2026 Passage Prospects Fade Amid U.S. Political Tensions, Says TD Cowen

GateNews

Regulation & Policy

2026-05-27 00:06:46

According to TD Cowen and reported by The Block, the CLARITY Act faces lower chances of passing this year as the U.S. political environment deteriorates. Jaret Seiberg, managing director of TD Cowen's Washington Research Group, stated that recent developments involving President Trump are making it harder for Democrats to support the bill without anti-conflict-of-interest provisions. Seiberg cited several factors including a settlement between Trump and the IRS involving alleged tax audit weaponization, news reports linking Trump family members to crypto enterprises, and stock trading activity in Trump's name during early 2026.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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