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Thune Confirms Clarity Act as First Vote After Senate Recess
Senator Thune confirms Clarity Act as first vote after August recess, as September window becomes last chance for 2026 passage. Polymarket odds fall to 14%.
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Senate Majority Leader John Thune confirmed the Clarity Act will be the first item on the floor when the Senate returns from its August recess, pushing a vote on the crypto bill to mid-September.
"We're getting that queued up first thing when we come back," Thune told reporters.
The procedural delay follows a Democratic filibuster that blocked a pre-recess vote. The bill needs 60 votes to overcome a filibuster, and Republicans hold 53 seats. Thune said Democrats insisted on no Clarity Act vote while negotiations continue on ethics provisions, illicit finance language, and consumer protections.
"The Dems are insistent on no Clarity vote," Thune said. "I worked with sponsors of the bill. Senator Cynthia Lummis was great."
The crypto industry also awaits President Trump's decision on bipartisan ethics counteroffers sent to the White House. A response is expected in days as the White House began negotiating the Clarity Act's ethics provisions with both parties.
Senator Thom Tillis backtracked on the ethics deal, telling reporters the White House has not been in touch on the bipartisan proposal. "Hopefully we'll hear back," he said, adding he may release his proposal publicly.
Senator Cynthia Lummis is expected to continue work on the bill's text over the recess, primarily on remaining ethics issues. She is also in discussions with Senator Josh Hawley to resolve concerns.