Odds of CLARITY crypto legislation passing sink to 27% as Treasury, White House, SEC, and Senate leads quit

Tyler Williams served as Secretary Scott Bessent's principal adviser on blockchain and digital asset policy, making him one of Treasury's top voices on US crypto regulation. He is returning to the private sector after leaving his post on July 31.

His exit is the fourth senior crypto departure from a position of federal power this year, and it comes before Congress has finished the legislation that will decide who regulates digital assets.

Harry Jung announced on July 20 that he would leave the White House Crypto Council within two weeks, ending his run coordinating digital asset policy between agencies, Congress and the administration.

Hester Peirce, who leads the SEC's Crypto Task Force, plans to leave the agency later this year.

Cynthia Lummis, chair of the Senate Banking Committee's digital assets subcommittee, has already said she won't seek re-election and will leave the Senate when her term ends in January 2027.

That is a compressed succession problem across Treasury, the White House, the SEC and the Senate.

… Continue reading the full article at the original source below.