President Trump reportedly expressed confidence in advancing the Clarity Act during a recent Oval Office meeting with crypto and finance executives. The discussion addressed remaining issues and potential outreach to key senators before Congress reconvenes, while Chainlink co-founder Sergey Nazarov said Trump’s strategic bitcoin reserve was also discussed without specific next steps. The bill, which has cleared the House and is under Senate consideration, would give the CFTC (U.S. derivatives regulator) primary oversight of digital commodities while preserving some SEC (U.S. securities regulator) authority over certain crypto transactions. Following a report by The Block, prediction-market pricing for the Clarity Act being signed into law in 2026 rose to 25% for a YES outcome. The legislation forms part of a broader U.S. digital-asset framework initiated by Trump’s March 2025 executive order. Upcoming Senate action, endorsements from key senators and any public statements from Trump could affect market pricing, with Senate Banking Committee Chairman Tim Scott and Digital Assets Subcommittee Chair Cynthia Lummis identified as pivotal figures.