Angela Alsobrooks

A key group of Senate Democrats says the latest Digital Asset Market Clarity Act draft needs stronger provisions before it can advance. The objections focus on ethics for elected officials, consumer protection, illicit finance, conflicts of interest and market integrity.

The White House is urging Senate Democrats to accept a proposed ethics provision in the Digital Asset Market Clarity Act, describing it as historically broad. Democrats remain cautious because the details of President Donald Trump’s reported concession have not yet been shared with them.