Scaramucci blames Trump’s memecoin for the CLARITY Act’s Senate collapse

Anthony Scaramucci attributed the Senate collapse of the CLARITY Act to President Trump’s memecoin, arguing the token has politicized crypto market-structure legislation and undermined bipartisan support. The failure leaves the U.S. without a comprehensive regulatory framework for digital assets, prolonging uncertainty over how tokens and exchanges are classified. Scaramucci’s remarks tie the legislative setback directly to Trump-branded crypto ventures, signaling that political entanglements are now a central obstacle to crypto policy. The outcome matters because stalled market-structure rules delay clarity on compliance and listing standards for U.S. exchanges and token issuers. What to watch next is whether lawmakers revive the bill in amended form and whether Trump-linked tokens continue to shape Senate negotiations.