Senate fails procedural vote to advance Clarity Act
The Senate voted 49-50 against advancing the Clarity Act on Tuesday, with both Republicans and Democrats voting against it, leaving the cryptocurrency industry seeking further regulatory progress.
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Bessent urges Senate to advance the CLARITY Act by Sept. 15
Treasury Secretary Scott Bessent urged the Senate to advance the CLARITY Act and warned that failure could undermine U.S. leadership in digital assets. A procedural vote is set for Sept. 15, and the bill needs 60 votes, with an added ethics draft barring federal officials—including the president and vice president—from