If U.S. Democrats win a House majority in November\'s midterm elections, opening investigations into President Donald Trump\'s finances and cryptocurrency business could become Congress\' top priority, raising the risk that the market-structure Clarity bill remains stalled. Democrats are tying support for the bill to addressing potential conflicts of interest involving the Trump family\'s crypto ventures. Republican delays on subpoenas and hearings could be reversed if control shifts, while Senate action on the bill has been pushed back.

Cardano founder Charles Hoskinson said a sitting president should not participate directly in the cryptocurrency market, arguing that U.S. President Donald Trump’s involvement in crypto businesses fuels conflict-of-interest concerns. The comments followed Senator Elizabeth Warren’s opposition to a revised Clarity bill, which she said does not adequately prevent Trump from profiting while in office. Republicans have proposed an ethics amendment, but the bill’s passage and timing remain uncertain.