{
  "id": 6686920,
  "title": "Senate Republicans Push Updated Crypto Bill as Clock Winds Down",
  "url": "https://urgent.news/2026/09/11/senate-republicans-push-updated-crypto-bill-as-clock-winds-down",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T02:02:38.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/cryptocurrency/2026/senate-republicans-push-updated-crypto-bill-as-clock-winds-down/"
  },
  "original_language": "en",
  "account": "Senate Republicans circulated an updated version of the Clarity Act on September 10, prior to the Senate's return from recess, according to CoinDesk. The revised crypto bill maintains many elements from earlier versions, addressing crypto activities of decentralized finance (DeFi) firms and traditional finance firms, as reported. Key Democratic senators have expressed unwillingness to back the bill without an ethics agreement restricting President Trump and other senior officials from profiting from crypto businesses. A cloture vote scheduled for Tuesday, September 15, will require support from 60 senators, necessitating votes from both parties, as per PYMTS. Sen. Cynthia Lummis emphasized the bipartisan efforts in the updated Clarity Act, which includes over 100 changes requested by Democrats, specifically targeting DeFi protocols and Native American concerns. Blockchain Association CEO Summer Mersinger praised the bipartisan work and the upcoming vote. CEO Cody Carbone of the Digital Chamber stressed the importance of U.S. leadership in digital asset innovation, emphasizing the need for Senate action. The American Bankers Association, representing 77 state banking associations, expressed concerns about the Clarity Act's stablecoin provisions, warning of potential deposit flight, as reported in a Thursday press release.",
  "summary": "Republican lawmakers circulated a new version of the Clarity Act on Thursday (Sept. 10), ahead of the Senate’s return from its recess next week, CoinDesk reported Thursday. The new text of the crypto bill includes tweaks to how it would address the crypto activities of decentralized finance firms and traditional finance firms, but it largely […] The post Senate Republicans Push Updated Crypto…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}