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Trump’s Crypto Avengers Assemble to Yell “Pass the Damn Bill” Before Senate Vanishes Into Midterm Oblivion
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Trump’s Crypto Avengers Assemble to Yell “Pass the Damn Bill” Before Senate Vanishes Into Midterm Oblivion

Former Crypto Czar David Sacks and CFTC Chair Michael Selig both dropped digital policy truth bombs on April 9, demanding the Senate resurrect the Digital Asset Market Clarity Act (CLARITY Act) from its legislative purgatory. The tweets landed precisely four days before senators crawl back from their Easter egg hunts on April 13, with whispers of a Banking Committee markup floating around late April—because nothing says urgency like scheduling critical infrastructure legislation between holiday breaks and political naps.

Coordinated Pressure

Sacks, fresh off his stint as White House AI and crypto whisperer, flexed the administration’s stablecoin flex: the GENIUS Act, which he claimed planted America’s flag in the digital sand. Now, he argued, it’s time to expand that empire beyond dollar-pegged tokens and bring the rest of the wild west—Bitcoin, Ethereum, memecoins named after dogs with sunglasses—under a single, coherent regulatory tent. “The time to act is now,” he urged, sounding like a degen version of Churchill. “Senate Banking, then the full Senate—pass the damn market structure. I’ve got full faith you’ll do it. And then President Trump? He’ll sign this thing so fast it’ll make a Solana validator blush.”

Minutes before Sacks hit send, Treasury Secretary Scott Bessent—who still somehow hasn’t been memesplained into oblivion—called on the Senate Banking Committee to stop playing legislative limbo and just hold the markup already. “Get it done,” was the vibe, though with slightly more official letterhead.

CFTC Chair Michael Selig didn’t just echo Bessent—he cranked it to 11, tweeting, “I couldn’t agree more with @SecScottBessent. It’s time to future-proof digital asset markets in America with legislation that can’t be torched by rogue regulators under a new administration. @SECPaulSAtkins and I stand ready to implement CLARITY.” Translation: “We’ve seen what happens when the SEC goes full ‘everything is a security’—let’s not do that again.”

According to Selig, the CLARITY Act isn’t just policy—it’s a constitutional amendment for crypto, designed to survive regime changes, regulatory tantrums, and the inevitable return of whatever SEC chairman thinks Ethereum is a scam. It’s the digital equivalent of engraving “DON’T BE DUMB” on a stone tablet and leaving it in the Oval Office.

In the same regulatory frequency, SEC Chair Paul Atkins chimed in like a compliance officer with a pulse, urging Congress to build a moat against future rogue actors and ship comprehensive market structure legislation straight to Trump’s desk. “Project Crypto is designed so once Congress acts, SEC and CFTC are ready to implement the CLARITY Act,” Atkins wrote—basically confirming that the agencies aren’t just ready, they’ve got their hats on, their APIs open, and their enforcement gloves warmed up.

Late-April Window Carries High Stakes

Senator Cynthia Lummis confirmed the Banking Committee plans to attempt a markup in the second half of April, which sounds promising—until you remember this committee previously postponed the same vote twice: once in January over a fight about stablecoin yields (because of course), and again in March when someone probably forgot to RSVP. At this point, the markup’s schedule has more volatility than a low-cap memecoin.

Senator Bernie Moreno, meanwhile, issued a chilling prophecy: miss May, and digital asset legislation gets yeeted into the void until after the November 2026 midterms. That’s not just a delay—it’s a death sentence by election cycle, where any bill not passed before November becomes political road

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Publishergascope.com
Published
UpdatedApr 11, 2026, 22:31 UTC

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