Gillibrand draws a hard line: no ethics ban on officials' crypto ties, no Clarity Act.

Senator Kirsten Gillibrand told the Consensus Miami 2026 audience Wednesday that the Digital Asset Market Clarity Act will not clear the Senate without an explicit provision barring senior government officials — including the president and vice president — from holding personal financial interests in the crypto industry. "There will be no one voting for this bill if we don't have an ethics provision," she said flatly.

The ethics clause is aimed squarely at the business interests of President Donald Trump, and the White House has pushed back, arguing his holdings represent no conflict and that any provision targeting him is a non-starter. That standoff, alongside consumer protection and illicit finance language, is one of the last major obstacles before the Senate Banking Committee can schedule the hearing the bill needs to advance to a floor vote.

Gillibrand set a tight timeline…