The CLARITY Act missed Monday's Senate schedule with no cloture filing, pushing supporters into a tight window before the August recess. Seven Democratic negotiators said the latest draft still falls short.
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The Senate released Monday's floor schedule without the CLARITY Act, leaving the cryptocurrency bill without a procedural path ahead of the August recess. Senators returned to the chamber in the afternoon to take up a continuing resolution. No cloture filing related to the CLARITY Act or House Resolution 3633 appeared on the calendar.
Supporters now face a tight window. Filing cloture in the Senate requires at least 16 signatures. If Senate leadership files by Wednesday, a cloture vote could come Friday. That vote would close debate on the motion to proceed, not on the bill itself.
Even if cloture is invoked, Senate rules allow 30 hours of debate before a vote on the motion to proceed. Faster options exist. Leadership could seek a bipartisan cloture petition or unanimous consent. Any single senator can block unanimous consent.
Negotiations between Republicans and Democrats continue. Seven Democratic negotiators said the latest draft still falls short, and talks remain open. Senator Elizabeth Warren opposes the new version over certain provisions. Majority Leader John Thune has signaled he would only schedule a procedural vote with enough Democratic support to move the bill before the recess.
Senator Debbie Haridopolos has warned that CLARITY Act delay risks US crypto lead. The odds of passage have already slipped to 27% after the Senate missed earlier deadlines.
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