Republican Senator Cynthia Lummis has commended U.S. President Donald Trump for agreeing to implement “the toughest ethics restrictions” necessary to advance the Clarity Act.

In a recent post on X, Senator Lummis highlighted that President Trump has consented to stricter regulations that would empower state attorneys general to initiate lawsuits aimed at enforcing conflict-of-interest rules applicable to federal officials.

The Senate is scheduled to vote on the Clarity Act tomorrow. This legislation seeks to clearly delineate the authority among regulators, specifying which digital assets are classified as securities, commodities, or stablecoins—a framework that industry executives have long advocated.

Senator Lummis remarked, “Back in July, Trump voluntarily placed himself, the Vice President, all federally elected officials, judges, and their spouses under the most stringent ethics regulations this country has ever witnessed. Such a commitment is rarely seen among officials in Washington. Although Democrats desired independent, external enforcement beyond the Department of Justice, Trump returned to the negotiation table and offered further concessions.”

She further stated, “A vote against the bill tomorrow would effectively eliminate the most rigorous ethics reform ever enacted in this country, compromise consumer protections for all Americans investing in digital assets, and jeopardize the future of this industry to foreign rivals.”

Together with Senators John Boozman and Tim Scott, Lummis released a revised draft of the Clarity Act on Sunday night, which grants attorneys enhanced enforcement powers.

An updated version of the Clarity Act was initially proposed in July, introducing prohibitions on government officials from endorsing or profiting from cryptocurrency; however, Democrats called for additional refinements to the draft.

While President Trump campaigned with a promise to support the cryptocurrency sector, members of Congress have raised concerns regarding the Trump family’s financial gains from digital asset initiatives, such as the President’s memecoin, $TRUMP, and the World Liberty Financial project.

Both President Trump and the White House have consistently denied any allegations of conflicts of interest.

In an interview with Punchbowl News in August regarding the Clarity Act and ethical considerations, President Trump noted that Democrats have similarly benefited from stock trading.

Despite having passed in the House of Representatives the previous year, the Clarity Act has faced delays this year, primarily due to conflicts between banking lobbyists and cryptocurrency companies regarding stablecoin yield compensation.

Republicans, including Senator Lummis, have accused Democrats of intentionally hindering the progress of the bill.

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