NO on the CLARITY Act – the “Charity-For-Me Act” that enriches our President and his family!

Urgent Action! Call your Senators to vote NO on this dangerous crypto legislation, which may be as soon as this week!

Our president and his kids couldn’t even run a children’s charity without grifting the profits. With the weak language of the Clarity Act, their corruption has no limits. And we are running out of time to stop this!

(From the video) Our treasonous president sold out our country to the UAE! “It started out with this very corrupt deal that he did with the members of the royal family of the UAE. And it’s not just that he benefited, but he benefited at our expense. What the Trump administration did was transfer very sensitive technologies to the government of the UAE. These are technologies that we restricted. We did not want them to fall into the hands of very sensitive technologies to the government of the UAE. And essentially when a member of the royal family of the UAE invested two billion dollars into the Trump family crypto business, World Liberty Financial, after that $2 billion dollars, they lifted the restrictions on the transfer of technology, essentially trading our national security for the president’s personal profit.”

Action: Call our two senators and ask them to oppose the CLARITY Act. (Two short scripts to choose from!)

Most minimal script: I’m calling from [zip code] and I’m asking [Senator ________] to oppose the CLARITY Act when it comes up for a vote. I expect them to oppose this corruption. 

Slightly longer script: I’m calling from [zip code] and I’m alarmed that Trump is using cryptocurrency to let billionaires, big tech, and foreign governments bribe him personally. Democrats should not be considering or supporting any crypto bills that fails to stop Trump’s crypto corruption. 
I’m asking [Senator] to oppose the CLARITY Act when it comes up for a vote. I expect them to oppose this corruption. 

Contact:

Indivisible National  has a great click-to-call tool and you can use their email tool too.

Or call and email the old-fashioned way:

• https://www.usa.gov/elected-officials

ADDITIONAL RESOURCES

Key Concerns About the CLARITY Act

  • Lack of Ethics Safeguards: Critics and lawmakers argue the bill fails to stop executive branch officials and their families from enriching themselves through crypto ventures like memecoins and World Liberty Financial.
  • Existing Asset Exemptions: Current drafts may restrict issuing new assets while in office, but they often do not force the divestment of massive holdings already accumulated. 
  • Loopholes and Sunsets: Provisions being debated have been criticized for containing loopholes regarding family members or expiring/sunsetting after a short duration. 
  • Regulatory Oversight: The bill shifts significant oversight of the crypto industry to the CFTC, which critics view as a weaker framework favored by industry lobbyists. 

Last year, the House passed the CLARITY Act (H.R. 3633), a bill disguised as “crypto regulation” that actually serves the billionaires and bad actors at the center of today’s crypto chaos. This bill doesn’t protect consumers, doesn’t close money laundering loopholes, and does nothing to stop the biggest threat of all: Trump’s crypto-fueled bribery machine. Now, the CLARITY Act is being considered in the Senate.

Trump has already amassed $1.4 billion in the last year alone, and the latest bill text doesn’t include any meaningful ethics fix: 

  • It does not stop the main ways Trump has accumulated, and will continue to accumulate, crypto wealth. It would only restrict officials and their spouses from issuing or sponsoring new digital assets.   
  • It does not stop Trump’s ongoing corruption: It doesn’t stop his children from profiting off his office and it doesn’t require him to divest from any of his businesses making crypto deals.

Unfortunately, 78 House Democrats helped pass the CLARITY Act in the House last summer. We need to make sure Senate Dems don’t make the same mistake. Thankfully, a number of Senate Dems we were worried about stated their opposition to the bill. Now we need to make sure the rest follow suit. 

The good news!! All your calls and sending your senators our letter with 225 Indivisible groups signing our anti crypto letter have been making a huge difference. The odds we can kill this bill are much improved because of you!!

The bad news!  Crypto oligarchs are still pushing hard and some Democrats still might cave because they are more afraid of crypto money in the elections then losing our economy and democracy to the oligarchs.  

It’s not just Indivisible that’s worried! The AFL-CIO would like a word too!

Call 507-501-5784 or fill out the form on this page to be connected with your senators. 


Whenever big Wall Street banks, financial institutions and billionaire investors gamble with our economy, working people are the ones who feel the pain. Our jobs, our homes and our retirement savings take huge hits when the banking system or the market collapses. 

The Senate is considering the Clarity Act, a bill that would allow volatile cryptocurrency assets to recklessly access our pensions and retirement investments. 

This bill is bad for workers, putting working people’s financial security and retirement at risk—while also shielding crypto companies from serious oversight and regulation.

The bill would allow cryptocurrency issuers and platforms to opt out of stronger oversight by the U.S. Securities Exchange Commission (SEC). Compared to the SEC, the Commodity Futures Trading Commission is not only understaffed, it also does not have a mandate to protect investors. This could hurt ordinary Americans and our pensions, while protecting the crypto companies who stand to gain from less oversight. 

If passed, the Clarity Act would support the spread of cryptocurrency into our economy so completely that it would be very difficult for the average person to completely opt out. Exposing our retirement accounts and the economy to crypto billionaires’ games would help a small number of rich and powerful people make even more money, while putting the rest of us at risk.

Please stand with workers and tell your senators to vote NO on the Clarity Act.

Example letter from CA Indivisible

Dear Senator [Schiff, Padilla]

Countering the unprecedented Trump crypto corruption requires bold and enforceable ethics language. We have heard some  Senate Democrats leading on this issue commit to ensuring that strong ethics provisions be included, in order to support some version of  the Clarity Act, but the recently reported negotiations would completely fail to rein in Trump’s crypto corruption (see attached letter from national good government groups, led by Transparency International US, addressed to Senator Ruben Gallego, who is reportedly leading secret, backroom negotiations). 

The Trump family crypto empire creates a crisis of self-dealing and conflicts of interest that are without parallel in U.S. history and that undermine our democracy. The Trump family has already made billions of dollars on crypto; people appear to curry favor with the president by buying into Trump crypto businesses; the president is crafting legislation to regulate the industry that has generated most of his wealth; and Trump’s regulators cannot credibly oversee his crypto business or any business intertwined with Trump crypto interests. Since the recently reported ethics negotiations by Senator Gallego, regulators have approved a Trump crypto bank charter.

The existing and proposed ethics language is flimsy window dressing that does not create robust, binding, and enforceable standards to hold Trump accountable for his crypto corruption. These provisions would fail to cover the Trump family’s existing crypto business; exclude his sons’ crypto business from oversight; permit Trump-branded crypto; expire with Trump’s term in office; and prohibit Congress from revisiting crypto ethics statutes. The reported negotiations to strengthen these weak ethics provisions would still allow Trump-branded crypto and ignore his sons’ crypto interests; the divestment provisions do not kick in until March 2028 when his term is virtually over; and the state attorneys general mechanism may not provide a credible path for enforcement and even then could only enforce the weak ethics measures in the legislation. 

The national groups’ letter to Sen. Gallego, who is negotiating with the White House over the ethics provisions, concluded: “the reported provisions still would not resolve the central conflict of interest these ethics rules are meant to address: whether covered officials and their immediate families can continue making money from cryptocurrency ventures while those officials exercise governmental authority over the industry.” 

The truth is that any ethics provision that Trump approves is almost certainly not going to be strong enough to stop his crypto corruption!

As we have repeatedly emphasized: NO BILL is better than a bad bill that legitimizes the Trump corruption and allows highly profitable self-dealing and conflicts of interest to continue and to corrode our democracy. 

You have been a champion on good government, clean politics and ethics reforms. We are counting on you  to use your relationship with fellow senators to

make sure that no crypto bill passes without robust, enforceable, binding, ethical

provisions.

The politics of crypto are changing. There is public backlash against data centers, many of which are cryptominers, and the vast majority of U.S. voters worry about crypto’s political power — including three-quarters of Republicans and independents. And voters rejected the pro-crypto Democratic candidates in Senate primary races in Texas, Illinois, Michigan, and Minnesota. Heading into the midterms, Democrats need to maintain the clear ethical high ground, and not cave in to crypto interests. We are counting on you to protect our economy and our democracy.

In solidarity,

Indivisible Action Coalition on behalf of 225 Indivisible groups countrywide 

And many in your state 

Click here for this resource: https://us.transparency.org/resource/coalition-letter-the-clarity-act-ethics-proposal-should-be-public-and-should-prevent-presidential-self-dealing/

There is a letter addressed to Senator Gallego attached, along with six letters, fact sheets and testimonies against this bill.

FOR IMMEDIATE RELEASE: July 1, 2026

CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org

New Poll Reveals Voters Across Parties have Concerns about the Crypto Industry Buying Legislation that Enriches them at the Expense of Everyone Else 

Washington, D.C. — A new poll shows that voters across party lines are concerned about the crypto industry’s influence in Washington, and worried that legislation shaped by crypto donations will enrich the industry at the public’s expense. The poll was commissioned by Americans for Financial Reform and the Center for Responsible Lending and completed by a bipartisan polling team from Lake Research Partners and Chesapeake Beach Consulting. 

“Voters have seen serious crypto corruption and high ranking government officials raking in profits while everyday people experience crypto-fueled losses and scams,” said Mark Hays, associate director of crypto and fintech at Americans for Financial Reform and Demand Progress Action.“Voters want crypto to have to play by the same kinds of rules as other financial companies, not dictate special privileges for itself.”

Key findings from poll:

  • A large majority of voters think crypto has too much influence in Washington and are deeply concerned about the impact of that influence.  
  • Nearly nine in ten Democrats (89%) and three quarters of independents and Republicans are concerned about the dangers of laws about crypto shaped by campaign donations from the crypto industry.  
  • After reading head-to-head arguments about cryptocurrency, voters are more likely to agree that crypto is an unregulated unstable market that needs sensible regulation, versus an argument that crypto is a promising innovation that shouldn’t be regulated like conventional banking.
  • 62% of voters said they were less likely to support a candidate who takes a lot of money from the crypto industry; 46% said they were much less likely to do so. Only 9% of voters said they would be more likely to support such a candidate. 

The crypto industry and its allies in Congress are pushing for a vote on the CLARITY Act on the Senate floor. The bill as currently written contains no provisions to address the corruption or conflicts of interest that the industry is known for.

Read the polling memo here. Read the poll results by party affiliation and by gender and age here.

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