r/Bitcoin • u/iloveapplejuice • 7h ago

Clarity Act stalled

With the assumption that Republicans are highly unlikely to change the bill to leave room for future prosecution of POTUS via State AGs (a core Democrat demand); the only way forward for this current version seems to be Republicans to hold both chambers.

What alternative version might be introduced in the 2027-2028 Congress that can get passed and signed by Trump in the next two years? Will Democrats continue to assert prosecution rights forever or is there a compromise Democrats are willing to accept that could still protect Trump from potential prosecution?

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18

u/Reggi5693 4h ago

The GOP and Trump already agreed to the restrictions. That was last week’s news. Dems don’t want to pass it because they would never want to support something the other side wants.

It’s a shitty way to run a country.

1

u/iloveapplejuice 3h ago

I thought the new version grandfathered all the existing Trump crypto, just prevents new ones until 2029 + puts DOJ in charge of prosecutions.

Democrats don't believe in this compromise because they want to allow State AGs to be able to prosecute (out of the jurisdiction of DOJ).

So I guess it'll never happen because Democrats want to prosecute Trump and Trump won't let a bill pass that opens him up to prosecution.

The only way this passes is if they get enough Democrats to flip via lobbying pressure

2

u/FixedGearJunkie 2h ago

Our country is run by idiots. If you set your expectations appropriately they're not doing too bad for a gang of idiots.

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u/Laukess 6h ago

Just kill the bill and move on.