Tyler Williams served as an adviser to Treasury Secretary Scott Bessent on digital assets. He joined the agency in early 2025 after working as head of policy at the crypto company Galaxy Digital. At the Treasury Department, he played a central role in shaping the Trump administration’s digital assets development agenda. Williams is expected to return to the private sector. Williams’s departure comes as the CLARITY Act has been delayed in Congress ahead of the August recess. The sticking point is ethical provisions restricting officials’ ownership of cryptocurrency, with the Trump administration a key negotiating party. According to Polymarket, the odds of the CLARITY Act passing in 2026 have fallen to 27%.