Clarity Act Odds Fall to New Low amid Patrick Witt’s Leave & Warren’s Ethics Rules Push

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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Clarity Act Odds Fall to New Low amid Patrick Witt leave and Elizabeth warren ethics rules push
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Highlights

  • Odds of Clarity Act passing this year fall to lowest-ever and hold around 37% today.
  • White House’s top crypto advisor Patrick Witt going on military leave amid Senate voting.
  • Senator Elizabeth Warren urges Senators to add ethics rules in the crypto bill ahead of vote.

The odds of the Clarity Act getting signed into law this year dropped sharply to new lows on Tuesday. It fell as White House’s top crypto advisor Patrick Witt to go on military leave this month and Democrat Elizabeth Warren pushes to add ethics rules to the crypto bill.

Clarity Act No Longer Expected to Be Signed into Law This Year

The Polymarket prediction market shows that “Clarity Act signed into law in 2026” has plunged to its lowest-ever level and now holds around 37%. Notably, it dropped to 24% at one time in the past 24 hours.

Participants have sharply downgraded the Clarity Act passing odds in the Senate and reaching President Donald Trump’s desk this year. The crypto market structure bill already faces delays amid negotiations over ethics rules and a tight legislative timeline ahead of the August recess.

Clarity Act Passing Odds
Clarity Act Passing Odds. Source: Polymarket

This comes as Patrick Witt, White House’s top crypto adviser, is taking a month-long military leave to begin Army National Guard JAG training. He is likely to rejoin White House duty on July 27.

The Clarity Act is entering its most critical stretch with Senate Republicans racing to bring it to the Senate floor before the August recess. Witt is the Trump administration’s lead negotiator to resolve concerns related to stablecoin yield, ethics provision, and law enforcement.

The biggest challenge remains the ethics provisions as President Trump’s crypto disclosures showed over $1 billion in personal crypto income. Also, the Blockchain Regulatory Certainty Act (BRCA) is still facing obstacles.

Patrick Witt’s deputy Harry Jung to take over negotiations. However, losing the lead negotiator just before the Clarity Act entered its most critical stretch caused odds to drop on Polymarket.

As public interest in regulatory outcomes rises, more traders are looking to the best crypto prediction markets to hedge their positions and speculate on legislative timelines.

Senator Elizabeth Warren Pushes to Add Ethics Rules in Crypto Bill

Senator Warren sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on Monday as Thune plans to hold a floor vote this month.

Warren urged Senate leaders that the Clarity Act must prevent the President, Vice President, senior administration officials, members of Congress, and their families from profiting off the crypto industry.

She is urging Senate leaders to add ethics rules to the crypto bill draft ahead of the full Senate vote. “Without strong ethics guardrails, the Clarity Act will make it even easier for Donald Trump to continue to profit off his crypto ventures,” said Warren.

Meanwhile, President Donald Trump urged the Senate to pass the Clarity Act to honor Senator Lindsey Graham, who passed over the weekend.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.