The U.S. House Financial Services Committee's review of the Digital Asset Market Clarity Act (CLARITY) has been stalled due to concerns over former President Trump's cryptocurrency activities. Democratic lawmakers have raised potential conflict of interest issues, suggesting Trump's involvement in cryptocurrencies could hinder legislative progress. The 236-page bill seeks to delineate the regulatory roles of the SEC and CFTC in the crypto market, mandating company disclosures and customer fund segregation. Despite some Democratic support, calls for conflict of interest clauses have emerged, threatening the bill's passage. The committee may resume discussions next week.