CLARITY Act faces Senate test as Bessent demands vote

U.S. Treasury Secretary Scott Bessent has urged senators to vote immediately on the CLARITY Act, increasing pressure on lawmakers to test support for the crypto market structure bill before the August recess. Summary Bessent demanded that the Senate vote “NOW” on the CLARITY Act. Disputes over ethics enforcement and the BRCA provision continue to block a bipartisan agreement. Polymarket traders place the bill’s chance of becoming law in 2026 at about 26%. A negotiated ethics package could determine whether Democrats support advancing the legislation. Bessent demands an immediate CLARITY Act vote Bessent called on Senate leaders to bring the CLARITY Act to a vote before lawmakers leave Washington next week. In a post on X, he accused Democrats of resisting the legislation because they fear opposition from Sen. Elizabeth Warren and what he described as her “anti-crypto army.” More than a year ago, the House passed the Clarity Act.There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate…— Treasury Secretary Scott Bessent (@SecScott...