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White House Targets July 4 for Clarity Act Passage, Says Crypto Adviser Patrick Witt

Summary by Coin Desk
The executive director of the President's Council of Advisors for Digital Assets said the Senate Banking Committee hearing will happen this month on market structure. bill.

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The White House wants Congress to approve the Clarity Act before July 4, in an urgent signal to define the legal framework for the US crypted market. The plan includes an imminent step by the Senate, an agreement already closed on the performance of the stablecoins and final negotiations on conflicts of interest. *** Patrick Witt said the administration is aiming at July 4 for the approval of the Clarity Act. The White House considers the compro…

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TokenPost broke the news on Tuesday, May 5, 2026.
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