CLARITY Act’s ‘final’ deal is already breaking down before tomorrow’s Senate vote

Opposition to the CLARITY Act widened on Sept. 14 as banks, Democrats, state attorneys general and developer advocates rejected key compromises.The backlash came hours after Senate Republicans released what they described as their final version of the landmark crypto market-structure bill, incorporating 126 substantive changes Democrats requested and new provisions to resolve disputes over ethics, stablecoin rewards, developers and prediction markets.However, those changes have yet to win over several of the bill’s most vocal critics, as banking groups said new protections against deposit flight would act too late, and Democrats challenged the strength of ethics restrictions involving President Donald Trump.The disagreements raise the stakes for Tuesday’s cloture vote, which will determine whether the Senate can begin considering the legislation. The motion on H.R. 3633 is scheduled to ripen at 2:15 p.m. Eastern and requires 60 votes.Democrats challenge ethics deal as states warn of lost enforcement powerResistance hardened first around the ethics provisions, one of the final issues Republicans had hoped to settle before the vote.The latest text requires covered federal officials w...