White House crypto adviser Patrick Witt heads to military training

Witt, who serves as executive director of the President’s Council of Advisors for Digital Assets, has acted as the primary liaison between the administration and stakeholders ranging from banking institutions to decentralized software developers. His departure comes at a pivotal juncture: Senate staff are currently racing to reconcile Banking and Agriculture committee texts before the chamber breaks for its state work period on August 7.

Deputy director Harry Jung is expected to step into Witt’s responsibilities, aiming to maintain continuity as the administration pushes for consensus on stablecoin regulations, ethics rules, and anti-money laundering provisions. Despite Witt’s plans to remain involved remotely during his JAG officer training, his absence complicates the final legislative push for the CLARITY Act. Supporters, including President Donald Trump and Senator Cynthia Lummis, view the upcoming weeks as the final window for progress before midterm campaign pressures shift the legislative focus.