Crypto● Neutral
CLARITY Act Vote Uncertain as Senate Recess Nears
Sen. Lummis pushes for CLARITY Act vote before summer break, but Democratic ethics concerns and Hawley's banking demands threaten the 60-vote threshold needed to advance the crypto bill.
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The CLARITY Act has days to clear the Senate before a monthlong summer break, with supporters racing to secure the 60 votes needed to overcome a filibuster.
Sen. Cynthia Lummis called for a vote before the August recess in a post on X Wednesday. The Wyoming Republican is the bill's lead sponsor in the upper chamber. “It's time for policymakers to take a position,” she wrote.
The House passed the crypto market structure bill in July with 294 votes against 134. That margin masked deep divisions that resurfaced in the Senate.
Democratic lawmakers have tied their support to stricter ethics rules around President Donald Trump's crypto holdings. Trump disclosed more than $1.4 billion in digital asset investments in 2025, a figure that has fueled calls for tighter conflict-of-interest standards.
Republican Sen. Josh Hawley also opposes the bill in its current form. According to a Politico report, Hawley wants crypto firms to face the same licensing and compliance requirements as banks. A compromise on stablecoin yields failed to satisfy his concerns.