Lummis pushes CLARITY Act vote before August recess

Senator Cynthia Lummis is pressing the Senate to vote on the CLARITY Act before its August recess as bipartisan negotiations continue over several unresolved provisions. Summary Lummis said lawmakers are negotiating the bill daily as the Senate’s legislative window narrows. Talks remain focused on CFTC authority, ethics rules, illicit finance and stablecoin yield. The legislation needs 60 Senate votes to overcome the chamber’s cloture threshold. Senate records had not confirmed a CLARITY Act cloture filing, leaving the vote timing uncertain. Lummis says CLARITY Act talks continue daily Lummis said Senate negotiators were still working toward an agreement after nearly 11 months of talks. During a Fox Business interview, the Wyoming Republican argued that lawmakers should consider the crypto market structure bill before leaving Washington. I am continuing to work with Democrats every day on the Clarity Act. I worked late last night on the CFTC portion of the bill and I'm proud that @POTUS has gone further than any president in history to protect ethics. Let's provide a clear regulatory framework and keep this… pic.twitter.com/2EGffUEt9F— Senator Cynthia Lummis (@SenLummis) August 5, ...