White House to Host Crypto Executives on Aug. 19

The White House is planning to host executives from the cryptocurrency and prediction market sectors for a meeting on August 19, as the industry's central legislative priority, the Digital Asset Market CLARITY Act, faces significant hurdles in the Senate. The gathering, first reported by Politico, is scheduled to take place while the Senate is in its August recess, with the full participant list and agenda yet to be finalized. It remains unclear whether President Donald Trump will attend.

The meeting comes as the CLARITY Act, which would establish federal rules for digital assets and divide oversight between the Commodity Futures Trading Commission and the Securities and Exchange Commission, remains stalled. The House passed its version of the bill in July 2025, and the Senate Banking Committee advanced its version in May 2026, but a full floor vote has not occurred. Senate Majority Leader John Thune stated before the recess that lawmakers lacked sufficient time to complete debate and amendments. The Senate is scheduled to return on September 14, leaving a limited window before government funding negotiations and the midterm election calendar consume floor time.