Anthony Scaramucci claims that President Donald Trump's own political decisions — from launching meme coins to threatening Greenland and waging a military campaign in Iran — have effectively killed any chance of the CLARITY Act clearing the Senate, leaving the crypto market stuck in what he described as extended chop through the rest of this administration.
Scaramucci's Three-Layer Argument
The former White House communications director, who was fired after just 11 days during Trump's first term, laid out three reasons the landmark crypto legislation is stalled. He spoke as Bitcoin (BTC) traded near $66,700, down more than 43% from its October 2025 all-time high above $126,000.
First, Scaramucci argued that Trump launching meme coins before his inauguration and pocketing an estimated $600 million to $700 million created deep political resistance. Even Democrats who once supported crypto are now refusing to hand the President a legislative win. He described the windfall as leaving a "big sour taste" among Trump's adversaries in Congress.
"I don't see anybody that is against the President that's going to allow him to have a win in cryptocurrency policy right now," Scaramucci said.
Second, Trump's territorial threats toward Greenland alienated lawmakers who might have backed bipartisan regulation.
Threatening a NATO ally's sovereign territory burned goodwill that crypto advocates needed. Third, the U.S. military campaign in Iran is consuming political bandwidth, with Scaramucci pointing to a $200 billion defense spending request and noting the conflict was launched without Congressional notification.
Also Read: A US Senator Is Questioning the SEC — And The Justin Sun Case Is At The Center
Senate Filibuster Obstacle
Scaramucci said gathering 60 Senate votes to clear the filibuster is nearly impossible right now. The CLARITY Act passed the House in Jul. 2025 with a bipartisan 294-to-134 vote, but the Senate version remains stuck over stablecoin yield disputes and broader political friction.
He warned that missing the window before the November 2026 midterms could shelve meaningful crypto regulation for years. Without the bill, layer-1 tokens like Solana (SOL), Avalanche (AVAX) and TON (TON) will remain trapped in regulatory limbo, he said.
Bitcoin Long-Term Outlook
Despite his bearish regulatory view, Scaramucci remains bullish on BTC over the long run. He predicted Bitcoin would "chop higher" but said the full tokenization potential of layer-1 networks cannot be unlocked without legislative progress.
He compared Strategy's Bitcoin accumulation strategy to Apple's early iPhone moment, arguing that uncertainty will eventually give way to widespread adoption.
Scaramucci maintains that BTC will reach $1 million per coin long term, driven by generational wealth transfer from older investors to younger demographics.
If the CLARITY Act passes, he expects a sharp rally. If it does not, the chop that has defined 2026 continues.
Read Next: Solana's Correction To $50 May Fuel Next Big Rally