High-level White House meeting planned, sources say

Clarity’s progress may depend on what the president is willing to accept in the ethics section and whether he will support a bill that directly restricts his business. He has urged Congress to pass a Clarity Act, but he has never explicitly addressed what he is willing to sign into law when the restrictions are outlined for officials.

White House spokesmen did not immediately comment on the meeting plans.

Recently, negotiations among senators from both parties are said to have hit a wall over the conflict of interest provision, where Democrats have demanded that the president, vice president and members of Congress be restricted in their personal crypto ties. The revelation by Trump that he had made more than $1 billion from his industry involvement by 2025 added fuel to the critics.

On Tuesday, a few Democratic senators held a press conference to call for Clarity Act opposition if it does not break Trump’s “corrupt” ties to the sector. But the vocal group did not include Sen. Ruben Gallego, a Democrat who has been spearheading the Clarity Act ethics negotiations for months. Gallego, along with Democratic Sen. Angela Alsobrooks, who both voted for the bill in committee, said in May that they would not support the bill’s final passage without an ethics provision.

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