President Donald Trump took to Truth Social on July 13, 2026, to call on the Senate to pass the Digital Asset Market Clarity Act, better known as the CLARITY Act. The appeal framed the legislation as both a tribute to the late Sen. Lindsey Graham and a strategic move to keep the US ahead of China in digital assets and artificial intelligence.

This is not a bill that just arrived. The House passed it on July 17, 2025, by a convincing 294-134 margin. It cleared the Senate Banking Committee on May 14, 2026, by a 15-9 vote that included two Democratic crossovers. But the full Senate floor vote is where things get complicated.

What the bill actually does

The CLARITY Act draws a regulatory boundary that the industry has…