President Donald Trump is expected to personally take part in a meeting with crypto industry leaders at the Eisenhower Executive Office Building next Wednesday, according to people familiar with the planning. CFTC Chairman Mike Selig is set to attend, with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick also possibly joining, sources say.
The guest list spans crypto, prediction markets and traditional finance: executives from Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are expected to sit alongside leadership from CME Group, Nasdaq, Intercontinental Exchange and DTCC head Frank La Salle. Organizers describe the goal as an effort to “get a policy dialogue started in some of the leading arenas for U.S. innovation.”
A CFTC Follow-Up the Next Day
The White House sit-down precedes the CFTC's Innovation Advisory Committee's inaugural meeting on Thursday, titled “Crypto's Regulatory Evolution: From Uncertainty to Clarity.” That session is expected to dig into what organizers call the “remaining challenges to a durable federal market structure” — language that points squarely at the unfinished legislative fight over how digital assets should be regulated.
Related: White House to Host Crypto and Prediction Market Executives Aug. 19
The Clarity Act Backdrop
The timing is not incidental. The Senate left Washington for its five-week August recess without taking up the Digital Asset Market Clarity Act, the market-structure bill the House passed 294-134 back in July 2025. Majority Leader John Thune has since filed a cloture motion setting up a September 15 procedural vote that will need 60 votes to advance the bill to the floor — a threshold that remains far from secured. When the Senate reconvenes, lawmakers will have only about 14 working days before an October recess, leaving a narrow window before the push likely slips into 2027.
That legislative bottleneck helps explain why the administration is convening industry executives directly: with the Clarity Act's fate uncertain and ethics questions swirling around Trump's own crypto holdings complicating the politics further, a White House-hosted dialogue offers a way to keep momentum visible even as the bill sits stalled in the Senate. It follows other administration moves to court the industry, including World Liberty's conditional OCC bank charter for its USD1 stablecoin earlier this year.
