Kirsten Gillibrand

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.

Senate negotiations over the Digital Asset Market Clarity Act are increasingly focused on whether senior U.S. officials and their families should face strict limits on crypto ownership, sponsorship and disclosures. Democrats say the bill cannot advance without ethics safeguards, while Republican supporters are pushing to keep the long-awaited market structure effort moving toward a vote.