White House Says CLARITY Act Is Getting Done in September. Markets Aren’t So Sure.
TLDR
- The White House says it will keep negotiating with Democrats to pass the CLARITY Act in September.
- Senate Majority Leader John Thune filed cloture, setting a Sept. 15 procedural vote.
- The bill needs 60 Senate votes but Republicans cannot reach that without Democratic support.
- Ethics restrictions tied to Trump-linked crypto interests and stablecoin reward rules remain unresolved.
- Prediction markets give CLARITY only a 25% chance of becoming law in 2026.
The U.S. Senate failed to vote on the CLARITY Act before its August recess, pushing a key procedural vote to September 15. The White House says it is not giving up.
🚨🗞️NEW: Clarity Gets a September Lifeline as SEC Tees Up Proposal for Crypto Offering Rules
The Senate punted a procedural vote on the Clarity Act. How it happened and what comes next as regulators prepare to move ahead with crypto rules of their own.https://t.co/B9EKDgFUdE
- Eleanor Terrett (@EleanorTerrett) August 11, 2026
Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said Tuesday that the Trump administration would continue negotiating with Democrats “all the way up until the September vote.” He added that the country “can’t afford to wait forever.”
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