Lummis Rejects Democratic Counteroffer on Clarity Act Ahead of Senate Vote

Hours before the Senate's procedural vote on the Clarity Act, Republican Senator Cynthia Lummis rejected the Democratic counteroffer. This move leaves the ambitious crypto bill in a deadlock, with slim chances of clearing the first hurdle without Democratic support.

The central point of conflict is the ethics clause tied to President Donald Trump's crypto gains, which Democrats consider unenforceable due to legal loopholes.

Lummis's spokesperson described the Democratic proposal as 'virtually identical' to previous demands, calling for real negotiations instead of resubmitting the same requests and labeling them progress.