Bipartisan

Policy Regula

2026-08-11 02:44:49

Patrick Witt: Administration Still Committed to CLARITY Act Passage in September

Patrick Witt took to X to state that the U.S. government remains committed to seeing the CLARITY Act pass in September. In his view, only legislation can establish durable rules for the digital asset sector, and the need for such rules is greater now than ever before. He directed criticism at Democrats, saying that each delay of the bill sets America further behind in the cryptocurrency race, eroding its position as a global financial market leader, weakening national security, and taking away the tools law enforcement needs to fight crypto-related crime. Witt described the CLARITY Act as the outcome of years of real bipartisan work, and reiterated that Democrats still have an opportunity to shape U.S. digital asset policy by assisting with its passage. He also stated that the government will maintain an open stance and keep engaging in good-faith negotiations right up to the September vote.

1830

Brian Armstro

2026-08-06 23:19:28

Brian Armstrong Calls for Vote on Bipartisan Crypto Legislation

Brian Armstrong said in a post on X that the Senate secured CLARITY a year ago, followed by negotiation over hundreds of pages of changes, agreement on SEC and CFTC nominations, and unprecedented ethics commitments. With crypto and banking compromises in place, he argues the only remaining question is whether some groups will try to delay or block widely supported bipartisan legislation. Millions of Americans hold crypto and are watching; it is time to vote.

1730

CLARITY Act

2026-08-05 07:46:06

Lummis Urges Senate Democrats Not to Block Bipartisan CLARITY Act

U.S. Senator Cynthia Lummis is urging Senate Democrats not to block the bipartisan CLARITY Act, according to Cointelegraph. She says the measure would protect consumers and keep the cryptocurrency industry in the United States. The bill aims to provide legal clarity for digital asset regulation. Lummis’s push underlines the need for bipartisan cooperation in building a regulatory framework that balances innovation and protection.

1800

SBF

2026-07-23 05:20:15

US Bipartisan Senators Join Forces to Oppose SBF Pardon: 25-Year Sentence Fits Justice

Republican Senator Cynthia Lummis and Democratic Senator Rubén Gallego jointly introduced a resolution opposing any presidential pardon or clemency for FTX founder Sam Bankman-Fried, calling his 25-year sentence just. The non-binding resolution reflects rare bipartisan unity. SBF filed for clemency on June 8; the White House has reiterated no intent to pardon.

510

SEC

2026-07-08 13:36:13

8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Eight bipartisan U.S. lawmakers sent a letter to SEC Chairman Gary Gensler, criticizing the agency's burdensome and non-voluntary information requests to crypto firms, which they say violate the Paperwork Reduction Act and stifle innovation. They demand answers to 13 questions by April 29.

1660

stablecoins

2026-07-02 22:45:14

U.S. Senate Passes GENIUS Act: Landmark Stablecoin Regulation Framework with 68-30 Bipartisan Vote

The U.S. Senate passed the GENIUS Act (S. 394) with a 68-30 bipartisan vote, establishing the first comprehensive federal framework for fiat-backed stablecoins. Co-sponsored by Senators Hagerty, Scott, Gillibrand, and Lummis, the bill mandates 1:1 dollar reserves, monthly disclosures, audits, and clear licensing, while banning algorithmic stablecoins and prohibiting rehypothecation. Crucially, it amends securities laws to exclude compliant stablecoins from SEC jurisdiction. Bitcoin advocates see the bill as a win for on-ramps and institutional access. The legislation is seen as a major step toward the U.S. becoming a crypto capital.

390

Senate Agricu

2026-07-02 04:00:14

U.S. Senate Agriculture Committee Passes Crypto Market Structure Bill 12-11, No Democrats Vote in Favor

The U.S. Senate Agriculture Committee voted 12-11 along party lines to advance its version of crypto market structure legislation on Thursday, with all Democratic committee members opposing. The bill aims to establish clear regulatory jurisdiction for digital assets, granting the CFTC exclusive authority over spot markets for 'digital commodities' while leaving securities-related digital assets under the SEC. Democrats criticized the lack of ethics safeguards for public officials and consumer protections, and all their proposed amendments failed. The next steps involve a lengthy procedural process in the Senate, including potential filibusters and a 60-vote cloture threshold, followed by reconciliation with the House-passed CLARITY Act. The White House plans another meeting next week to align positions, with the Trump administration pushing back against provisions restricting officials from benefiting personally from crypto.

460

U.S. Treasury

2026-07-02 04:00:14

U.S. Treasury Secretary Pushes Senate to Pass Crypto Market Structure Bill Amid Stablecoin Momentum

U.S. Treasury Secretary Scott Bessent testified before a Senate panel, urging passage of comprehensive crypto legislation to secure U.S. financial leadership and the dollar's reserve status. He supported the Digital Commodity Intermediaries Act advanced by the Senate Agriculture Committee on a party-line 12-11 vote, which would expand CFTC authority over digital commodity spot markets. The House passed the CLARITY Act in July 2025 (294-134), but the Senate Banking Committee has yet to schedule markup. Bessent warned that regulatory uncertainty has pushed crypto development to jurisdictions like Abu Dhabi and Singapore with clear rules. The Trump administration aims to build on the GENIUS stablecoin law signed in July 2025, though bipartisan consensus remains elusive.

410