Tyler Williams, a senior Treasury official who advised Secretary Scott Bessent on crypto policy, has left the department, according to a Monday report. His exit comes as Congress remains deadlocked over the CLARITY Act, a cryptocurrency market structure bill stalled ahead of the August recess.
Tyler Williams, a key architect of the Trump administration's digital asset agenda and adviser to Treasury Secretary Scott Bessent, has left the Treasury Department as Congress struggles to advance landmark crypto legislation, according to a Monday report by Punchbowl News.
In a statement to Punchbowl, Bessent confirmed Williams' last day at the Treasury was Friday, saying he had been "instrumental" in advancing the administration's push to make the US the crypto capital of the world. Williams joined the department in early 2025 after serving as head of policy at Galaxy Digital. During his tenure, he played a central role in shaping the administration's approach to cryptocurrency regulation, and is expected to return to the private sector, according to the report.
Williams' departure comes as Congress remains deadlocked over the CLARITY Act, a market structure bill that has stalled ahead of lawmakers' August recess amid disagreements over ethics provisions for federal officials. The legislation needs 60 votes to advance in the Senate, meaning Republicans will need Democratic support, but bipartisan consensus has yet to emerge.
Analysts at Bernstein said Monday that further delays to the bill could weigh on digital asset prices by prolonging regulatory uncertainty.
Source: Cointelegraph
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