Lummis pushes CLARITY Act vote before August recess as bipartisan talks continue over ethics and stablecoin rules. No cloture filing yet.
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Senator Cynthia Lummis is pressing the Senate to hold a vote on the CLARITY Act before the August recess, even though no cloture filing has been made to force floor action.
In a Fox Business interview, the Wyoming Republican argued that lawmakers should consider the crypto market structure bill before leaving Washington. She said Majority Leader John Thune had reserved time for the legislation on the Senate agenda for several weeks, though her comments reflected expectation rather than a scheduled procedural vote.
Negotiations continue around several unresolved provisions. Democrats want stronger ethics restrictions preventing senior government officials from profiting from crypto ventures. Questions remain over who would enforce those rules and whether the bill provides sufficient anti-money-laundering protections. There is also disagreement over stablecoin rewards and the division of regulatory authority between the CFTC and the Securities and Exchange Commission.
“I am continuing to work with Democrats every day on the Clarity Act,” Lummis said.
The latest Senate proposal would place exchanges, brokers and dealers under Bank Secrecy Act requirements. It would restrict passive stablecoin rewards while allowing incentives tied to transactions, according to a bill summary. Lummis said the package includes an ethics agreement covering the president, vice president, members of Congress and the federal judiciary.
Still, Democrats have not publicly committed enough votes to advance the legislation. Republicans hold 53 seats. The bill would likely need support from at least seven Democrats if every Republican votes for cloture.
The House passed the CLARITY Act in July 2025 by a 294–134 vote, with 78 Democrats in favor. The Senate Banking Committee advanced its version in May 2026 with two Democratic votes, though committee support does not guarantee floor support. Senators Ruben Gallego and Angela Alsobrooks said negotiations remained fluid after the markup.
Senator Bill Hagerty has urged leaders to bring the bill to the floor rather than extend talks indefinitely.
“We have to pass the CLARITY Act,” Hagerty said. “I think we should put it through a vote on the floor of the United States Senate and find out where Democrats stand.”
Despite the public push, the procedural path remains uncertain. Senate records show no cloture filing for the CLARITY Act. Thune had filed cloture on other business, including a continuing-resolution vehicle. Without that step, claims of an imminent vote remain expectations, not a confirmed floor schedule.
Continued negotiations could still produce an agreement, but the calendar is tight. The risk is that consideration slips beyond the August recess, a scenario that would further delay a bill whose prospects have already been in flux. For context, the broader debate over U.S. crypto regulation and its impact on industry competitiveness has been highlighted in recent analysis: CLARITY Act odds sink to 27% after Senate delays crypto bill and CLARITY Act delay risks US crypto lead, Haridopolos warns.
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