According to Senator Cynthia Lummis, a Senate floor vote on the CLARITY Act is more likely before the August recess than before the July 4 break. The Digital Asset Market Clarity Act was added to the Senate Legislative Calendar in late May, a procedural step enabling full chamber consideration.
Lummis explained that several bills must merge before reaching the floor: the Banking Committee version, Agriculture Committee version, separate ethics provisions, and changes tied to the GENIUS Act stablecoin bill. Securing the 60 votes required for cloture could take longer than initially expected. The Blockchain Association disclosed that 160 former intelligence, defense, and law enforcement officials signed a letter urging Senate leaders to advance the legislation.