SkyBridge Capital founder Anthony Scaramucci on Thursday attributed stalled progress on the CLARITY Act to President Donald Trump's actions, including the launch of his Official Trump (CRYPTO: TRUMP) meme coin.
Scaramucci Holds Trump Responsible for CLARITY Failure In an X post, Scaramucci argued that Wall Street underestimates how Trump's actions block progress on cryptocurrency legislation "When he does things like the meme coin and the market manipulation, the Clarity Act stalls," the Bitcoin (CRYPTO: BTC) bull said.
"Because his opposition won’t give him a win on cryptocurrency regulation when he’s behaving like that." Scaramucci said that Trump has "broken every norm," and on crypto, he’s gone too far.
And yet, he doesn't seem to care.
Here’s what Wall Street keeps getting wrong about Trump.When he does things like the meme coin and the market manipulation, the Clarity Act stalls.Because his opposition won’t give him a win on cryptocurrency regulation when he’s behaving like that.He has broken every norm… pic.twitter.com/pfwewOQKL8— Anthony Scaramucci (@Scaramucci) August 13, 2026 Trump's Focus Only on Financial Gains, Says Scaramucci Scaramucci describes Trump's approach as prioritizing personal financial gains and media attention over policy goals.
