Controversy over Trump's Crypto Business Profits, CLARITY Act Passes with 33% Chance Within Year

According to Bloomberg, the approximately $1.4 billion in revenue obtained by US President Trump and his affiliates through the Meme coin and token business has become an obstacle to the passage of the CLARITY Act. The Democratic Party demands the inclusion of stricter provisions to prevent the president from profiting from the cryptocurrency industry and opposes the appointment of the Attorney General appointed by Trump to lead law enforcement. Senate Majority Leader John Thune stated that the bill may not be passed before the August recess, and currently the probability of the CLARITY bill passing within the year has dropped to about 33%.