CLARITY Act faces Senate vote despite 60-vote gap

Senate Majority Leader John Thune plans to push the CLARITY Act toward a floor vote before the August recess, potentially forcing senators to publicly declare their positions even if the crypto market structure bill cannot overcome a filibuster. Summary Thune wants a Senate vote before the August recess, despite uncertainty over the required 60 votes. Republicans need about seven Democratic votes if all 53 GOP senators support cloture. A revised draft includes temporary ethics restrictions on digital asset activity by senior federal officials. Polymarket traders place the bill’s chance of becoming law in 2026 at about 33%. Thune wants senators on record over CLARITY Act Thune wants the Senate to begin considering the legislation before lawmakers leave Washington for their summer break, according to Punchbowl News. “I would like to at least get Clarity started. We’ll see where the votes are,” Thune said. A floor vote would test whether months of negotiations have produced enough bipartisan support for the Digital Asset Market Clarity Act, formally known as H.R. 3633. It would also identify the senators responsible if the bill fails to advance. The House passed the CLARITY Act in Jul...