CLARITY Act delay risks US crypto lead, lawmaker warns

Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate leaders prioritized 74 federal nominees and a Russia sanctions bill over the CLARITY Act. The bill needs at least eight Democratic votes to overcome the Senate’s procedural threshold. Haridopolos warns US crypto leadership is at risk Haridopolos, a Republican member of the House Financial Services Committee, defended the CLARITY Act during a July 28 appearance on Fox Business’ Mornings with Maria. He argued that the legislation is needed to keep digital asset activity within the United States. “This is about making sure that American markets are the premier markets in the world.” Haridopolos also accused Senate Democrats of using procedural delays to block legislation supported by voters. Fox Business described the bill as stalled as lawmakers approach their summer break. Haridopolos voted for the House version in July 2025. The measure passed by a bipartisan 294–134 vote, with 78 Democrats joining 216 Republicans, according ...