CoinDesk reports that Senate Majority Leader John Thune filed a procedural motion for the Clarity Act in the early hours of Saturday, following an all-night voting session that ran into the weekend. That procedural filing launches the bill's first procedural vote process in the Senate, setting up a possible vote when lawmakers return from the September recess. The bill, however, already missed the window before the August break, and clearing 60 votes in September remains a challenge — it would need support from at least 10 Democratic senators. A key point of contention is an ethics clause that would bar senior government officials, including President Trump, from participating in crypto projects. A bipartisan group of senators has sent a revised proposal to the White House, but it has been left without a response for at least a week. Other unresolved issues include illegal finance protections and stablecoin yields. If the September procedural vote fails, the Clarity Act's chances of passing this year would be very slim, forcing the next Congress in 2027 to restart the legislative effort.
CoinDesk reports that Senate Majority Leader John Thune filed a procedural motion for the Clarity Act in the early hours of Saturday, after an overnight voting session. The filing kicks off the bill's first procedural vote process in the Senate.
Thune's move puts the bill on track for a procedural vote as soon as the chamber returns from its September recess. But the legislation has already missed the pre-August window, so clearing the Senate in September remains an uphill battle. The bill needs at least 60 votes to advance, which means at least 10 Democratic senators would have to back it. Divisions persist over an ethics clause that would bar senior government officials, including President Trump, from taking part in crypto projects. A bipartisan group of senators has sent a revised proposal to the White House, but it has been sitting without a response for at least a week.
Other unresolved issues include illegal finance protections and stablecoin yields. If the September procedural vote fails, the Clarity Act would be unlikely to pass this year, and the new Congress in 2027 would have to restart the legislative push.
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