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CLARITY Act’s Crypto Ban on Presidents Switches Off at Noon on January 20, 2029
A proposed ethics restriction in the Senate’s latest CLARITY Act draft would automatically expire at noon on January 20, 2029—the exact moment President Donald Trump’s current term is scheduled to end. The sunset clause has become a new source of controversy around the cryptocurrency market structure bill, with Democratic lawmakers and ethics advocates questioning why restrictions intended to prevent presidential conflicts of interest would disappear immediately after Trump leaves office rather than remain permanent. The circulating Senate text would temporarily prohibit the president, vice president, members ... (full story)
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