BREAKING: WHITE HOUSE CONVENES 90-MINUTE EMERGENCY MEETING ON CLARITY ACT
The White House held an urgent closed-door meeting Wednesday to push the CLARITY Act forward.
What happened:
· 📅 June 10, 2026 at Eisenhower Executive Office Building
· ⏱️ ~90 minutes
· 👥 ~20 attendees including White House crypto advisor Patrick Witt, Tom Emmer, David Sacks, Treasury, FinCEN, DOJ, and law enforcement groups
The key issue:
· Debate over Section 604 (Blockchain Regulatory Certainty Act)
· Would protect non-custodial developers from being labeled money transmitters
· Law enforcement concerned about weakening crypto crime cases
The stakes:
· Bill needs 60 votes to pass Senate
· Only 31 session days left before August recess
· Ethics provision collapsed day before
· Two major hurdles remain unresolved
👇 Will CLARITY pass before the August recess – or die until 2030?