White House-linked voices and senior financial regulators are pushing the U.S. Senate to move the CLARITY Act before a planned late-April committee markup. David Sacks, a technology investor and former White House advisor involved in AI and crypto initiatives, said the policy debate should not stop at stablecoins and that broader digital asset rules are needed.
Sacks argued that while the GENIUS Act helped confirm the United States’ role in setting global standards for stablecoins, the CLARITY Act could bring similar certainty to a much wider section of the digital asset market. In a public statement, he said the Senate should pass the bill and send it to the President for signature, adding that the law would create the market structure digital assets need and help keep the U.S. at the front of innovation.
Treasury and agency heads back faster action
Treasury Secretary Scott Bessent also urged the Senate Banking Committee to accelerate its review of the legislation. The report said Bessent, who took office in 2025, has spoken repeatedly in favor of bringing digital asset markets inside a formal regulatory perimeter.
Support also came from Commodity Futures Trading Commission Chair Michael Selig and Securities and Exchange Commission Chair Paul Atkins. Both said their agencies are ready to enforce the new framework if the bill becomes law. Selig said passage would add stability to digital asset regulation and reduce the risk tied to future administrative shifts. Atkins connected the bill to ongoing SEC work aimed at implementing rules for digital asset service providers.
Late April leaves little room for compromise
Senator Cynthia Lummis said the Banking Committee intends to hold a markup on the CLARITY Act in the latter part of April. That timing matches lawmakers’ return to Washington, but it also leaves limited time to settle remaining disagreements before the next committee session.
The measure has already faced multiple delays at the committee level. According to the report, talks stalled in January after disputes over stablecoin yield provisions, and the process was delayed again in March. As a result, the bill remained stuck in committee, with progress dependent on resolving those policy disputes.
House approval contrasts with tighter Senate calendar
The legislation moved more quickly in the House of Representatives, where the CLARITY Act was approved in July last year. Since then, it has circulated among Senate committees, and the Agriculture Committee advanced its portion of the bill in January this year.
Senator Bernie Moreno warned that more delay could push the legislation past the coming midterm elections, hurting its chances of passage this year. Lawmakers from both parties said the window for committee approval is getting tighter as the political calendar and the legislative schedule continue to fill up.