Donald Trump invokes US senator’s death to push crypto bill
Cointelegraph 2026-07-13 16:27:43
Context: US President Donald Trump is pushing for a crypto bill, the Clarity Act, amid a precarious situation in the US Senate. With Senator Lindsey Graham deceased and another senator hospitalized, the Republican majority has dwindled to 51-47, making it likely that more Democratic support will be needed to pass the legislation. This development has significant implications for the crypto market structure.
Key Facts
- The US Senate's current majority, held by Republicans, stands at 51-47 due to the reduced number of voting members, following the death of Senator Lindsey Graham and the hospitalization of another senator.
- The Clarity Act, a crypto bill aimed at establishing market structure clarity, is being pushed by President Donald Trump, who is seeking to garner support for its passage.
- The bill's prospects for passage are uncertain, as the reduced Republican majority may necessitate securing additional support from Democratic lawmakers to achieve the required votes.