Sen. Jon Husted urges approval of Clarity Act for digital assets

Senator Jon Husted wants Washington to stop treating crypto regulation like a perpetual homework assignment that never gets turned in. The Ohio Republican publicly endorsed the Digital Asset Market Clarity Act on July 28, pushing for the Senate to take up a bill that would finally draw clear jurisdictional lines between the CFTC and SEC over digital assets. Here’s the thing: the House already did its part. H.R. 3633 passed the lower chamber on June 1, 2026, and now sits on the Senate calendar. But passing something through the Senate is a fundamentally different sport, one where a 60-vote threshold turns even popular legislation into an endurance test. What the CLARITY Act actually does The bill, formally known as the CLARITY Act, was introduced by Representative French Hill on May 29, 2025. Its core mission is deceptively simple: tell crypto companies which federal agency they answer to. Right now, the SEC and CFTC both claim overlapping authority over digital assets. The CLARITY Act would hand primary oversight of spot digital commodity markets to the CFTC, while carving out specific, limited jurisdiction for the SEC. One of the more interesting provisions involves exemptions for...