Senate holds cloture vote on Sept. 15 for the CLARITY Act. No bipartisan deal exists yet — ethics provision, stablecoin yield concerns, and BRCA rule block progress. Polymarket gives passage a 17% chance.
Alpha Score of 49 reflects weak overall profile with moderate momentum, poor value, moderate quality, moderate sentiment.
The Senate will hold a cloture vote on the CLARITY Act on Sept. 15, the first procedural step toward passing the crypto bill into law. Majority Leader John Thune filed the motion to proceed just before the Senate left for its August recess, Punchbowl’s Andrew Desiderio reported.
The cloture vote comes the day after the Senate returns from its mid-year break. Republicans will need bipartisan support to invoke cloture and advance to a final vote.
No bipartisan agreement on the bill currently exists. An ethics provision is the main obstacle. The White House has not signed off on the bipartisan ethics proposal put forward by Republican Thom Tillis and Democrat Ruben Gallego. Some Republican senators have said they would vote no based on stablecoin yield concerns raised by community banks. Law enforcement groups and prosecutors continue to oppose the BRCA provision, which protects non-custodial developers.
Optimism about passage this year is low. Data from prediction market Polymarket shows a 17% chance President Trump signs the bill into law in 2026, a mild rebound from a recent low of 13%.
The Senate will have 13 legislative days to pass the bill before heading into the midterm elections.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.