Update: Trump agrees to ethics clause, clearing the final hurdle for the Clarity Act According to The Block, Trump has agreed to the ethics clause in the Clarity Act, which had previously been the last obstacle to the bill's passage. The clause aims to restrict federal officials, including the president, from profiting from digital assets during their term. The controversy had centered around Trump's meme coins and his family company, World Liberty Financial. The text of the bill is expected to be released soon, followed by a Senate vote. The Senate must complete voting by the first week of August. If passed, it will be sent back to the House and ultimately submitted to Trump for signing.