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CLARITY Act Senate Vote: Can It Clear 60 Votes?
Backers say the bill could still advance in September or the lame-duck session, but Republicans need 60 votes and only two Democrats support it.
- The CLARITY Act was absent from Monday's Senate schedule, with no cloture motion filed before lawmakers leave Washington at the end of this week for a September 14 recess.
- Republican sponsors hold 53 Senate seats but need 60 votes to advance the legislation, requiring Democratic support that remains scarce. Trump's crypto businesses have become a major hurdle amid ethics and conflict-of-interest concerns.
- The Digital Asset Market Clarity Act would divide oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Industry experts expressed disappointment, though some stated, "We've built all of these products thus far under the status quo."
- Polymarket places odds of enactment this year near 30%, down from 82% in February. Ladan Stewart, global head of fintech at White & Case, said, "It does seem like CLARITY may be dead in the water."
- When lawmakers return in November, barely five session weeks remain before year-end, with annual spending bills competing for limited floor time. The Treasury Department's fiscal 2027 budget request seeks $410 million, about 12% above current funding.
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Clarity countdown: Every day the Senate delays, foreign rivals win
For years, Washington has rightly demanded that digital asset markets operate under stronger consumer protections, meaningful federal oversight, and clear, enforceable rules. The Clarity Act delivers on those priorities. It gives regulators new authority, requires digital asset platforms to meet federal standards, and replaces a system that has confused consumers. During my years at the Commodity Futures Trading Commission, I saw firsthand that …
·Washington, United States
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Total News Sources31
Leaning Left0Leaning Right1Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
C 83%
R 17%
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