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MELANIA 
TRUMP 
XRP CLARITY bill update: How Trump's actions blocked him in the Senate
"Good Night Encryption" podcast host Abs Nassif released a blockbuster news on the X platform, revealing why the CLARITY bill is deadlocked in the Senate. He cited Politico reports that a new draft of the bill is expected to be released today. However, Senate Democrats remain opposed, and President Donald Trump is believed to be the reason for this position.
Democrats oppose the CLARITY bill because it lacks ethics provisions to prevent the president, his family, and members of many executive branches from owning or dabbling in cryptocurrencies.
Trump's behavior: The main sticking point
Before Trump took office as president in January 2025, he launched $TRUMP memoin. A few days later, First Lady Melania Trump also launched her own $MELANIA coin. Both tokens have caused huge controversy. According to a 927-page financial disclosure document released by the Office of Government Ethics on July 1,$TRUMP alone generated more than $635 million in licensed revenue for Trump in 2025. Total revenue related to cryptocurrencies that year was approximately US$1.4 billion.
Senate Democrats pointed to the figures and refused to advance legislation until enforceable ethics provisions were included in the bill. They want legislation to prohibit presidents, vice presidents, members of Congress and their families from holding or profiting from cryptocurrency assets while in office.
Ethics controversy prevents Senate vote
In May, the Senate Banking Committee voted 13 - 11 to reject a Democratic ethics amendment proposed by Sen. Chris Van Hollen. The voting results are delineated by party. The CLARITY bill passed the committee on a 15 - 9 vote without an ethics clause. However, the problem has not been resolved. The bill requires 60 votes in the full Senate to move forward, which requires Democratic support. Senator Kirsten Gillibrand has publicly stated that actionable moral language is a prerequisite for her vote. The White House has said it will not accept clauses that target the president's personal assets.
Senate Democrats also introduced the Modern Remuneration and Malfeasance Enforcement Act (MEME Act), which seeks to ban officials and their families from issuing or promoting digital assets. However, with Republicans holding majorities in both houses, the bill is unlikely to pass.
XRP community response
Community reactions were mixed, but all agreed on the seriousness of the situation. A community member believes Democrats threaten national security and the economic dominance of the United States because of their hatred of Trump. Another predicted that the problem would persist into the November midterm elections and expressed doubts that the bill would pass in 2026. The third blamed Trump entirely, arguing that his personal cryptocurrency interests directly caused the community to lose needed legislation.
Risks faced by XRP holders
The CLARITY Act is the most important cryptocurrency market regulation bill in U.S. history. Its adoption will provide regulatory clarity for digital assets and consolidate XRP's identity as a commodity. Every week that passes, the legal certainty the market needs is delayed by one point. The time window for passage of the bill in 2026 is rapidly shrinking.
