The president is optimistic about the passage of the Clarity law on crypto market structure. The Trump administration is working to get the bill approved as early as September, after the Senate recess. However, according to Polymarket, the probability of Clarity being passed in 2026 is only 29%.
Representatives from Nasdaq, Robinhood, Kraken, ICE, Coinbase, and Ripple were present at the meeting with Trump. The main topic of the meeting was Clarity. The discussion focused on the steps needed to move the bill forward. However, the ethical issue that prohibits officials from participating in the crypto market was not raised. This is the main sticking point for Democratic support for the bill. In addition, the participants discussed a strategic U.S. BTC reserve.