White House crypto adviser urges Democrats to support crypto bill

White House crypto adviser Patrick Witt has asked Democrats on the Senate Agriculture Committee to support a new crypto market structure bill ahead of its January 27 markup. His call came after the committee released revised legislation after months of negotiations that failed to produce a bipartisan agreement.

Witt said the Senate bill is more than 80% similar to the House’s CLARITY Act, which already had support from several Democrats. He noted that the House version was supported by 17 Democrats on the Agriculture Committee and nearly 40 percent of all House Democrats, including Nancy Pelosi, Pete Aguilar and Ted Lieu.

Despite these similarities, the Senate Agriculture Committee, led by its chairman John Boozman, confirmed that no Democrats have so far publicly supported the bill. Sen. Cory Booker, who led Democratic negotiations for months, also did not endorse it.

The Senate’s new agricultural market structure bill is a quality, bipartisan product that deserves the support of the entire committee during Tuesday’s markup.

The text is +80% similar to that of House CLARITY, a bill that gained the support of 17/24 Democrats on the Agriculture Committee and nearly 40%…

-Patrick Witt (@patrickjwitt) January 22, 2026

Senate Crypto Bill Sparks Mixed Industry Reactions

However, crypto journalist Eleanor Terrett reported that Booker’s team said he would continue to work with Boozman, leaving open the possibility of future bipartisan support. Witt said the revised bill includes changes requested by Booker to make it more attractive to Democrats. He also praised Boozman for his transparency during negotiations.

The bill received mixed reactions from the crypto industry. Paul Grewal, Coinbase’s chief legal officer, said the bill is a good starting point but still needs improvement. Ji Hun Kim of the Crypto Council for Innovation said the bill was an important step toward clearer rules and better consumer protections.

Others were more critical. Analyst NekoZ said giving the CFTC more authority could reduce regulatory confusion, while Bart Mol of the Satoshi Radio Podcast warned that the bill was too complex and could lead to delays.

Meanwhile, a separate crypto bill from the Senate Banking Committee is also facing delays, with a mark-up unlikely before the end of next month. President Donald Trump recently said he hopes to sign a crypto market structure bill soon, but there is still no clear timeline for when a bill might become law.

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