Trump Set for Meeting With Senators Over CLARITY Act Push

U.S. President Donald Trump is scheduled to meet with several senators at the White House on Thursday to hear updates on the federal crypto market structure bill currently under negotiation in Washington. The discussion is expected to focus on progress toward passing the legislation, known as the CLARITY Act.

According to Politico, Senator Bernie Moreno said a group of senators will brief the president on the bill and outline “its path to success.” Senator Cynthia Lummis is also expected to attend, based on a Senate Republican aide’s account. Moreno said Trump has been closely engaged with the effort, framing the president as a key driver of legislative momentum.

Key takeaways

• Trump will meet with senators on Thursday to receive an update on the CLARITY Act and its prospects for passage.
• Lawmakers are aiming to advance the bill before the Senate’s August recess, with some calling the window a final realistic chance before midterm elections.
• Senator Thom Tillis told Politico that he is seeking agreement by the end of the week on unresolved parts of the bill.
• Prediction markets show relatively high odds of a Senate vote before the August recess, but lower odds that the bill becomes law in the same timeframe.

White House meeting signals push to move the CLARITY Act

The Thursday meeting comes as lawmakers race to finalize the CLARITY Act ahead of the Senate’s August recess. Politico reports that many legislators view the current legislative stretch as the last realistic opportunity to pass the measure before the midterm election cycle.

Moreno said senators will discuss the “entirety of the bill,” adding that Trump has been actively involved in the initiative. The remarks underscore how the effort is being framed not just as a committee process, but as a broader, top-level political priority meant to reach a decisive procedural outcome in the Senate.

Senator Thom Tillis, who has been working on specific “unresolved provisions” tied to the CLARITY Act, told Politico he hopes lawmakers can reach agreement by the end of this week. He emphasized the urgency of moving the legislation “across the floor” before the August recess.

What lawmakers are waiting for: a revised draft

Lawmakers are currently awaiting a revised version of the CLARITY Act. In an interview with Fox Business on Wednesday, Lummis said a new draft would be introduced within days and that she expects it to be placed on the Senate floor next week.

The timing matters because the CLARITY Act is still contingent on resolving outstanding elements. With the Senate calendar approaching recess, the revised draft functions as a gating factor: without language that can clear remaining objections, the bill may stall procedurally even if broad support exists among key legislators.

Cointelegraph reached out to Senator Lummis for comment, but the meeting and the drafting schedule suggest lawmakers are working toward a near-term floor push rather than a prolonged revision cycle.

Prediction market odds diverge between “vote” and “become law”

Market-based odds tracked by traders indicate a split between the likelihood of a Senate vote and the likelihood of the bill ultimately becoming law.

On Kalshi, traders assigned a 79% chance to the proposition that the Senate will vote on the CLARITY Act before the August recess. That figure is reportedly up from 68.8% the previous day. The shift suggests that traders see improving odds of procedural progress, likely tied to expectations around the revised draft arriving soon and a potential floor schedule.

However, traders were less confident about the bill’s path to enactment within the current year. According to the Kalshi market data cited in the report, a $3 million prediction market gave the CLARITY Act a 36% chance of becoming law in 2026, and a 62% chance of doing so before the end of 2027.

Polymarket traders were similarly cautious about timing: the cited Polymarket figure put the chance that the CLARITY Act is signed into law this year at 39%. The difference between “vote” odds and “signed into law” odds reflects a common dynamic in legislative forecasting—procedural movement can occur faster than the final legislative, executive, and implementation steps needed for a bill to become law.

Why the next few days could be decisive

The immediate pressure point is not only whether senators can agree on remaining provisions, but whether that agreement can be translated into a revised draft capable of reaching the Senate floor in time for votes before the August recess. Tillis’s comments to Politico indicate that negotiations over unresolved terms are actively ongoing, and Lummis’s timeline for introducing a new draft within days points to a short, high-stakes window for consolidation.

For market participants, the key distinction is between near-term legislative scheduling and longer-term enactment probabilities. Kalshi’s relatively high odds for a Senate vote contrast with lower odds for the bill becoming law in 2026 and with Polymarket’s comparatively modest estimate for signing in the current year. Traders appear to be pricing in the possibility of floor action, while still discounting hurdles beyond the Senate’s vote.

As lawmakers await the revised draft and push toward next week’s potential floor timetable, readers will likely want to watch two things closely: whether unresolved provisions get settled quickly enough to maintain vote momentum, and how quickly prediction market odds shift for “signed into law” once the revised text is officially introduced.