Senator Lummis still pushing for CLARITY vote before August recess
US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election season or beyond.
US lawmakers have only a few days to vote on the Digital Asset Market Clarity (CLARITY) Act before the Senate goes on recess, potentially pushing the bill into the 2026 election season. Senator Cynthia Lummis, a strong proponent of the bill, anticipates a vote before the chamber breaks for its August recess. The CLARITY Act, originally passed in the House in July 2025, faces opposition from many Democrats who seek stronger ethics provisions, particularly concerning former President Donald Trump's investments.
Senate Majority Leader John Thune is reportedly still planning to schedule the vote before the recess. The bill requires 60 votes to overcome a filibuster, and despite recent compromises with banking groups on stablecoin yields, opposition remains from at least one Republican senator, Josh Hawley, who wants the bill to address banks' concerns.
The Senate will be on recess until mid-September, moving the consideration of the crypto bill into the lead-up to the 2026 midterm elections.
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