WOW! NEW CLARITY ACT UNDER WHITEHOUSE REVIEW AS ELIZABETH WARREN RAMPS UP ATTACK ON CRYPTO!
July 31, 2026
AI Summary
5 min readWhite House Reviews Latest Clarity Act Draft as Elizabeth Warren Intensifies Anti-Crypto Campaign
The Clarity Act, the Senate's landmark crypto regulatory bill, is at a pivotal moment. The White House is now reviewing a new ethics compromise brokered by Senator Tom Tillis, and how it responds could determine whether the Senate votes on the bill next week. Meanwhile, Senator Elizabeth Warren is ramping up her attacks on the crypto industry, calling it a political operation spending hundreds of millions to "own" senators, while law enforcement groups and Treasury Secretary Scott Bessent are publicly backing the legislation.
The Clarity Act: Ethics Compromise and White House Review
According to reporting from Eleanor Terrett, the latest ethics proposal sent to the White House includes a role for state attorneys general. This addresses the second phase of ethics demands Democrats had been making. The host notes that while he was initially skeptical of giving state AGs a role — fearing a "hodgepodge of problems" — a reasonable compromise may have been reached. However, the full package of details is not yet public, and it remains unclear whether the provisions address all White House concerns.
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What you'll learn
- 1 (01:39) **Clarity Act Latest: White House Review & Ethics Compromise** - Eleanor Terrett reports the White House is reviewing a new draft of the Clarity Act that includes a role for state attorneys general, a potential compromise on the ethics provisions Democrats demanded.
- 2 (03:45) **Law Enforcement Backs the Bill** - The Major Cities Chiefs Association has endorsed the latest draft of the Clarity Act, joining a growing list of law enforcement groups supporting the legislation.
- 3 (05:12) **Treasury Secretary Scott Bessent's Strong Support** - Treasury Secretary Scott Bessent released a lengthy post strongly backing the Clarity Act, criticizing Senate Democrats for playing politics and delaying a vote.
- 4 (07:14) **Elizabeth Warren's Anti-Crypto Speech** - Elizabeth Warren gave a speech attacking the crypto industry for spending over $200 million on political campaigns, claiming they are trying to "own a senator or two."
- 5 (09:57) **Warren Agrees with Trump on Debt Ceiling** - Elizabeth Warren tweeted that Donald Trump is "right" about eliminating the debt limit, calling it a tool that only threatens economic crisis.
- 6 (15:04) **iTrust Capital Ad** - A sponsored segment promoting iTrust Capital for investing in crypto and precious metals via a tax-advantaged IRA.
- 7 (17:11) **IRS Scam Warning for Crypto Holders** - The IRS warns that scammers are mailing fake letters to crypto holders, directing them to a non-existent "digital asset compliance portal" to steal their assets or data.
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Show Notes
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⏰ Time Stamps ⏰
00:00 Intro
00:24 Clarity Act Update
06:12 Elizabeth Warren Crypto & Money Printing
14:09 IRS Crypto scam
15:41 Global banks Tokenization
17:26 Ondo Finance acquisition
19:01 Samsung Stablecoin
20:18 Bhutan 3iQ Bitcoin treasury =================================================
#Crypto #ClarityAct #Tokenization #CryptoNews #Crypt
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