According to CoinMeta, during a meeting at the White House with executives from crypto and financial companies, Trump urged Congress to pass a "fair version" of the Clarity Act legislation, stating that market structure regulation is the next step in his digital assets policy. The Chairman of the Commodity Futures Trading Commission (CFTC), CFTC, the Chairman of the Securities and Exchange Commission (SEC), SEC, the White House Crypto Advisor Patrick Witt, as well as executives from companies such as Coinbase, Ripple, Robinhood, and Kraken attended the meeting. The Clarity Act bill will establish federal rules for digital assets and clarify the regulatory authorities of SEC and CFTC. The bill is expected to return to the Senate in September, and Republicans still need to secure the support of about 6 Democratic senators to reach the 60-vote threshold.