Andrew Cuomo pushes Congress to pass CLARITY Act as Senate stalls

Andrew Cuomo wants Congress to stop dragging its feet on crypto regulation. The former New York governor is publicly pressing lawmakers to pass the Digital Asset Market Clarity Act, known as the CLARITY Act, arguing that the US is falling behind other countries while senators argue over amendment language. Cuomo’s push carries an obvious disclosure: he sits on the board of crypto exchange OKX. That context matters when evaluating the urgency of his argument, though the underlying legislative stalemate is very real. Where the bill stands The CLARITY Act, formally H.R. 3633, was introduced in May 2025 and cleared the House in July 2025. The Senate is a different story. By July 2026, the Senate version had grown into a 616-page document. Senate Majority Leader John Thune filed a cloture motion on August 8, 2026, to try to force the chamber toward a vote. The bill is stuck. Partisan disagreements over ethics provisions, specifically rules around government officials profiting from digital assets, have slowed Senate deliberations considerably. Prediction markets are not optimistic: Polymarket assigned the CLARITY Act only a 17% chance of becoming law in 2026 as of early August. Cuomo’s ...