Key Highlights: No Senate Democrat voted last week to advance the Clarity Act, according to the source. The legislation would have created rules for digital assets and aimed to reduce transaction costs for everyday Americans. The source argues that Democratic tax proposals would increase costs for overtime, tips and Social Security recipients. Clarity Act stalls ...
Key Highlights Senator Cynthia Lummis blamed Senate Democrats for blocking a procedural vote on bipartisan crypto market structure legislation last week, calling the outcome “dismayed, dumbfounded and saddened.” Speaking at CoinDesk’s Policy & Regulation event, Lummis alleged Democrats prioritized opposition to President Donald Trump over passing the bill, which had grown from 300 to over ...
Key Highlights Moderate Senate Democrats led by Kirsten Gillibrand and Ruben Gallego pledged renewed bipartisan talks on the CLARITY Act after a 49-50 procedural vote failure. Prediction markets assign less than a 30% probability of passage within two years, while JPMorgan analysts see a narrow but existing legislative window. SEC Chair Paul Atkins and CFTC ...
Senator Bill Hagerty Criticizes Senate Democrats Over Clarity Act Delay Senator Bill Hagerty (R-TN) expressed disappointment today over Senate Democrats’ refusal to bring the Clarity Act to a final vote, arguing the decision undermines America’s position as a leader in cryptocurrency and blockchain technology. The Tennessee senator, a vocal advocate for clearer digital asset regulations, ...
Senate Democrats accused Republican leadership of abruptly terminating bipartisan negotiations on cryptocurrency legislation Tuesday, forcing a vote despite a potential deal to address ethics concerns surrounding presidential crypto holdings. Democrats Demand Ethics Guardrails for Presidential Crypto Holdings The legislation, which includes provisions targeting illicit finance, stalled over Democratic demands for stronger ethics requirements. Senator Mark ...
The CLARITY Act is heading toward a critical Senate vote with no clear coalition capable of delivering the 60 votes needed for enactment. Expectations for the landmark crypto marketāstructure bill deteriorated sharply Tuesday, with Polymarket odds of enactment falling below 20% after reaching about 34% during the previous 24 hours. CLARITY Act Faces Critical Senate ...
Senate Democrats are scheduled to convene on Sunday as pressure mounts ahead of a critical vote on the CLARITY Act. According to individuals familiar with the discussions, Senate Minority Leader Chuck Schumer initiated the caucus meeting to align members on strategy. Democrats Navigate Internal Divisions on CLARITY Act The gathering comes at a pivotal moment ...
Senate Democrats Convene Emergency Caucus on Crypto Clarity Act Ahead of Critical Tuesday Vote Senate Democrats are holding a last-minute caucus meeting Sunday evening to discuss the Clarity Act, a landmark cryptocurrency market structure bill, ahead of a crucial procedural vote scheduled for Tuesday. Senate Majority Leader Chuck Schumer convened the session as lawmakers continue ...