Former crypto coordinator David Sacks and CFTC head Michael Selig on Wednesday, April 9, called on the Senate to pass the Digital Asset Market Clarity Act (CLARITY Act).
Their statements came four days before the Senate returns from the Easter recess on April 13. The bill is expected to be considered by the banking committee closer to the end of the month.
Pressure Mounts Ahead of Senate’s Return
Sacks, who recently finished his work at the White House as AI and crypto coordinator, said the GENIUS law has already secured US leadership in the stablecoin sector.
According to him, the CLARITY Act should expand this to the entire digital asset market by establishing clear regulatory rules.
“Now is the time to act. The Senate Banking Committee, and then the full Senate, must pass this bill. I am confident that will happen. After that, President Trump will sign this historic document,” Sacks emphasized.
Shortly before, US Treasury Secretary Scott Bessent called on the banking committee to mark up the bill and send it to the president for signature.
CFTC head Michael Selig also supported Bessent’s position. He noted that together with SEC Chair Paul Atkins he is ready to implement the new rules once they are adopted.
According to Selig, this bill is needed to protect the digital asset market from possible regulatory reversals in the event of a change in power.
SEC Chair Paul Atkins expressed a similar view. He called on Congress to proactively safeguard the market from unpredictable regulators and to move the comprehensive bill directly to President Trump.
“Project Crypto is designed so that after the bill is passed by Congress, the SEC and CFTC can immediately begin implementing the CLARITY Act,” Atkins wrote.
Late April Could Be Decisive
Senator Cynthia Lummis confirmed that the banking committee will try to consider the bill in the second half of April.
Senator Bernie Moreno warned that if the bill is not passed by May, discussions on digital asset regulation could be delayed until the midterm elections in November 2026.
CLARITY Act already passed the House of Representatives in July 2025 with a result of 294 to 134. In January 2026, the Senate Agriculture Committee approved its part.
However, the banking committee has already postponed consideration twice: first in January due to disputes over stablecoin yields, and again in March.
Coordinated statements from several representatives close to the administration show that the White House is now putting maximum pressure on the Senate. Next week could be the last real chance to advance the bill.
