Republican Senators Warn CLARITY Act Lacks Votes to Advance Amid Ethics Dispute
Republican senators reportedly say the CLARITY Act may not have enough support to advance, citing unresolved ethics language demands from Democrats.
Why it matters
The CLARITY Act is one of the crypto industry's biggest legislative priorities in Washington, and its failure would leave a major regulatory framework for cryptocurrencies unpassed. With only a 15% chance of enactment this year according to the report, the timeline for comprehensive U.S. crypto regulation grows tighter.
Key facts
Republican senators have warned the CLARITY Act may not have enough support to advance next week.
Reported by U.Today
There has been little progress on the Democratic demand for stronger ethics language in the bill.
Reported by U.Today
Sen. Mike Rounds of South Dakota said the bill's odds of passage do not look good.
Reported by U.Today
Sen. Thom Tillis of North Carolina said the bill will fail without a compromise.
Reported by U.Today
Sen. Angela Alsobrooks of Maryland said she would not back the legislation without tougher ethics language.
Reported by U.Today
The chance of the CLARITY Act becoming law this year is 15%.
15 %Reported by U.Today
What happened
According to U.Today, citing Semafor, Republican senators have warned that the CLARITY Act, a major piece of U.S. cryptocurrency legislation, faces a growing risk of failure. Sen. Mike Rounds of South Dakota said things do not look good for the bill's passage, while Sen. Thom Tillis of North Carolina said it will fail without a compromise. Sen. Angela Alsobrooks of Maryland indicated she would not back the legislation without stronger ethics language. The Senate's existing ethics section has failed to settle the dispute, and delayed action has left lawmakers with less time ahead of the midterms.
How the story developed
- First report
First report by U.Today
Major Crypto Bill Predicted to Fail by Republicans
- Official statement
Senate Majority Leader Thune indicated lawmakers intended to take up the CLARITY Act after returning to Washington
This delayed timeline has left less time for a compromise.
- Update
Republican senators reportedly warned the bill may not have enough support to advance next week
Sen. Rounds and Sen. Tillis both expressed doubts about passage.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| U.Today Crypto media | Major Crypto Bill Predicted to Fail by Republicans | Original |
Related events
CLARITY Act Faces Fading Bipartisan Support Ahead of September 15 Senate Cloture Vote
Republican senators warn the CLARITY Act may fail a Sept. 15 procedural vote as ethics disputes, scheduling constraints, and eroding bipartisan support threaten passage before midterm elections.
Live updates: Bitcoin climbs over $80,000 as crypto shakes off Clarity failure and higher interest rates
US Senate Rejects CLARITY Act Cloture Vote, Shifting Crypto Oversight to Regulators
The US Senate voted 50-49 against advancing the Digital Asset Market Clarity Act on September 15, 2026, falling short of the 60 votes needed for cloture.
CFTC submits crypto market framework for White House review after CLARITY Act stalls
The CFTC sent a prerule on crypto asset transactions and markets to the White House for review on Sept. 17, days after the Senate killed the CLARITY Act.
CFTC extends no-action relief on broker registration to all passive trading software providers
The CFTC's Market Participants Division issued a no-action letter extending Phantom's March broker-registration exemption to any qualifying passive software provider.
CLARITY Act Fails Cloture Vote as State AGs Challenge Bill Before Senate Showdown
CLARITY Act's Senate procedural vote failed 49-50 after 18 attorneys general challenged the bill, and its path forward remains uncertain.