Eleanor Terrett Reports New Ethics Proposal, Impact on Clarity Act
Eleanor Terrett reported on July 30, 2026, that a new ethics proposal has been brokered by Senators Thom Tillis and Ruben Gallego. This proposal includes a role for State attorneys general, indicating a significant shift in the regulatory landscape. The White House is currently reviewing this draft, which could influence the Senateโs decision on the Clarity Act in the coming week. This development underscores the urgency for a regulatory framework in the crypto space.
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The crypto regulatory landscape is undergoing pivotal changes as Senators Thom Tillis and Ruben Gallego work on a new ethics proposal. According to Eleanor Terrett, this proposal aims to establish a collaborative role for State attorneys general in the regulatory process. As the White House reviews the latest draft, the outcome of this review will be critical for determining whether the Senate will proceed with a vote on the Clarity Act next week. Industry representatives emphasize that reaching an agreement on this proposal is vital for moving forward with comprehensive crypto regulations.
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