Senate: CLARITY Act Floor Motion Filed

Senate Majority Leader John Thune filed the motion advancing the CLARITY Act into formal floor action after an overnight session, marking the furthest any crypto regulation bill has moved. The first procedural vote arrives when the Senate returns September 14 and requires 60 votes, meaning at least 10 Democrats, whose backing remains uncertain over a provision banning senior officials including Trump from backing crypto projects. A revised section of that provision has sat unanswered at the White House for over a week, leaving Congress three weeks in September before midterms and a potential reset in 2027 if the bill fails.