CLARITY Act gets Democratic counteroffer before vote

Senate Democrats have sent Republicans a CLARITY Act counteroffer hours before the Sept. 15 procedural vote, keeping negotiations open over ethics and other contested provisions. Summary Senate Democrats sent Republicans a CLARITY Act counteroffer hours before Tuesday’s scheduled procedural vote begins. The Senate will vote at 2:15 p.m. ET, with 60 votes required to advance debate. Republicans say their 635-page draft incorporates 126 substantive changes requested by Democratic negotiators during talks. Democrats remain concerned about ethics enforcement despite revised provisions allowing state attorneys general to sue. Banking groups continue seeking tighter stablecoin reward restrictions, leaving another dispute unresolved before senators vote. Politico congressional reporter Jasper Goodman reported late Monday that Democrats had delivered the counterproposal to Republican negotiators, citing three people familiar with the talks. The full Democratic proposal had not been publicly released as of early Tuesday, leaving its precise requested changes unconfirmed. Before the counteroffer was delivered, Sen. Mark Warner said Democrats who had participated in the negotiations were prep...