CLARITY Act Revival Hinges on Senate Support Ahead of Compressed Legislative Calendar
The CLARITY Act's revival in 2026 is uncertain, requiring three more senators to vote in favor of the bill. The current count stands at 49 yes votes, with a procedural motion needing 60 votes to advance. Seven Democratic senators have expressed support for revisiting the bill, but their combined efforts would still fall short of the required number.
The Senate's legislative calendar is compressed, with limited time available before recess and adjournment. Reconsideration or renewed floor attempts are possible, but no confirmed agreement exists to fill the current gap in negotiations.
Key sticking points remain, including ethics restrictions tied to presidential crypto holdings and a Treasury mechanism for responding to stablecoin-related deposit flight. Banking associations argue that the Treasury backstop acts too late, while Democrats continue to flag unresolved concerns around consumer protection, illicit finance, and market integrity.