President Trump urged Congress to advance the Clarity Act cryptocurrency legislation during a White House crypto industry event on August 19, 2026. Bitcoin and crypto-related shares rallied following his intervention, as reports indicated congressional delays stemmed partly from Trump's own financial interests in cryptocurrency.
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Bitcoin, crypto shares climb after Trump pushes Clarity Act Reuters
Congress couldn't finish the crypto ethics bill because of Donald Trump's financial interests in crypto. His answer: bring the industry to the White House and tell Congress to hurry up. No divestment. No ethics deal. Just a meeting. wlfireside.substack.com/p/trump-cryp... Congress stalled over Trump’s crypto conflict. His administration spent eight days building the market anyway.