Patrick Witt leaves White House Crypto Council as Trump's digital asset legislation stalls

Patrick Witt, executive director of the White House Crypto Council, confirmed his departure after nearly two years to an undisclosed private-sector role. The administration's flagship digital-asset legislation, the CLARITY Act, remains stalled in Congress despite the House approving its version in 2025. Senate resistance centers on stablecoin rewards, banking competition, and potential conflicts of interest involving Trump's cryptocurrency businesses, leading to a failed initial Senate procedural vote in September. The SEC and CFTC are proceeding with existing regulatory powers.