CLARITY Act Faces July Senate Vote as Lummis Pushes for Floor Time

Senator Cynthia Lummis made her latest move to push the CLARITY Act through the Senate this July. Speaking on Fox Business, Lummis said negotiators expect to finalize the Senate compromise text around the July 4 recess and plan to “move in July.”

The legislative window is tight. The Senate enters a state work period from June 29 through July 10. When members return on July 13, they have roughly 20 working days before the August recess. A failure to pass before then, analysts said, could delay meaningful crypto market structure legislation until 2027.

Two procedural hurdles stand in the way. Majority Leader John Thune has not yet allocated floor time for the bill, and Republicans will need at least seven Democratic senators to cross the 60-vote threshold. Democratic Senators Ruben Gallego and Angela Alsobrooks backed the bill in committee but described their support as conditional, pending resolution of several outstanding text issues.

Lummis also pushed back on criticism from JPMorgan CEO Jamie Dimon. She said he misunderstood key provisions of the bill and should review the updated text, according to a report from Eleanor Terrett.

Industry leaders remain optimistic about July passage. Andreessen Horowitz’s Miles Jennings told reporters that the tight timeline could force lawmakers toward a compromise. Solana Policy Institute President Kristin Smith said there is still a realistic path for the CLARITY Act to pass next month. The clock starts again when senators return July 13.