Sen. Cortez Masto and two law enforcement groups back Clarity Act changes sent to the White House. The bill's fate hinges on August recess timing and remaining Democratic concerns.
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Democratic Senator Catherine Cortez Masto said she and two law enforcement groups feel “good” about proposed changes to the Clarity Act, according to a POLITICO report. The National Association of Assistant U.S. Attorneys and the National District Attorneys Association also backed the revisions.
The changes were sent to the White House. A number of lawmakers hope the bill, which would codify U.S. crypto regulation, passes before Congress leaves for August recess. Sticking points remain, particularly among Democrats.
The proposed alterations focus on a small section of the bill that shields some crypto software developers and firms from prosecution for illicit activity committed by others on platforms they create, the report said. A new version of the Clarity Act has been circulating among lawmakers since last week. It includes ethics provisions that ban officials and their families from issuing or promoting crypto, addressing earlier objections.
The Clarity Act passed the House last year but stalled in 2026 while regulators and banking chiefs negotiated a revised version. The banking lobby raised concerns over stablecoins and the yield they could pay customers. Some Democrats argue the bill falls short on ethical issues.
Cortez Masto said she felt positive about “the chance to resolve this issue once and for all,” according to POLITICO. The bill has drawn support from both Republicans and Democrats, despite crypto legislation being a priority for President Donald Trump. Major institutions including Fidelity and Goldman Sachs, along with crypto lobby groups and politicians, have said the revised bill works in its current form.
The window for passage before the recess is tight. Lawmakers are watching whether the White House endorses the law enforcement changes or pushes for further revisions. A delay would push action into the fall, when the legislative calendar gets crowded with appropriations and the election cycle.
Earlier this year, the odds of the CLARITY Act passing sank to 27% after Senate delays, according to crypto market analysis. Supporters say the latest compromise could revive momentum, but the law enforcement groups' backing is not a guarantee of Democratic floor votes.
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