CLARITY Act in Trouble? Senate Delay Gives SEC Room to Restructure Crypto Rules
Key Insights:
- CLARITY Act faces a September Senate vote after lawmakers delay.
- SEC prepares new crypto offering rules while Congress remains stalled on legislation.
- Ethics, stablecoin safeguards, and banking concerns remain key obstacles to passage.
The CLARITY Act will return to the Senate in September after lawmakers left Washington without holding a key procedural vote. Majority Leader John Thune filed cloture early Saturday on the motion to proceed with the bill.
That filing placed the legislation on the Senate schedule for when lawmakers return from the August 2026 recess. The delay now gives negotiators several weeks to address the disputes blocking the bill.
Senate Delay Leaves CLARITY Act Negotiations Open
The delay, as highlighted by Eleanor Terrett in her X post, followed disagreements between Republicans, Democrats, the White House, and banking interests. Republicans accused Democrats of refusing to compromise on the legislation. Democrats, meanwhile, said the White House had not accepted their proposed ethics agreement.
โฆ Continue reading the full article at the original source below.
