Anthony Scaramucci believes the CLARITY Act is effectively dead due to political fallout linked to Donald Trump. He argues that controversial moves—such as launching meme coins and geopolitical tensions—have turned potential bipartisan support into resistance.

According to Scaramucci, even lawmakers who were previously open to crypto regulation are now unwilling to support legislation that could be seen as a political win for Trump. As a result, progress on crypto policy has stalled, leaving the industry in a state of uncertainty.