CLARITY Act needs 11 more Senate votes, but 4 of the 49 it already has want the bill changed

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Four Republican senators who voted to advance the CLARITY Act on Sept. 15 also appear as named supporters on a bank-backed amendment seeking tougher restrictions on stablecoin yield.As Punchbowl News reported on Sept. 21, John Cornyn, John Curtis, Cindy Hyde-Smith, and Lisa Murkowski all voted “Yes” on the procedural motion, which fell short 49-50. All four also signed onto Sen. Jerry Moran's stablecoin amendment, which the banking industry has pushed as a fix to language the bill's own supporters wrote.SenatorSept. 15 CLARITY voteMoran amendment statusWhy it mattersJohn CornynYesNamed supporterPart of the existing 49-vote coalition, but also backing tougher stablecoin-yield limitsJohn CurtisYesNamed supporterShows the amendment had support inside the pro-CLARITY Republican blocCindy Hyde-SmithYesNamed supporterAdds to the number of yes votes with unresolved stablecoin concernsLisa MurkowskiYesNamed supporterAnother existing yes vote tied to the bank-backed languageThe math behind the CLARITY Act 11-vote gapThe Sept. 15 cloture vote needed 60 votes to succeed and got 49, with one senator not voting, leaving supporters 11 short. Losing any of the four senators identified in the amen...

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