CLARITY Act Stalled in Senate After Trump Politics Blamed
The CLARITY Act has stalled in the U.S. Senate after a 49-50 procedural defeat, leaving the crypto market structure bill unable to advance to debate. Sen. Cynthia Lummis blamed Democratic opposition on politics surrounding President Donald Trump.
Every voting Democrat opposed cloture, while four Republicans voted no, including procedural switcher Thom Tillis, who preserved a motion for reconsideration.
Lummis argued that Democratic negotiators kept changing their demands after Republicans accepted earlier requests and accused Democrats of putting politics before consumer protections and U.S. crypto policy.