Senator Cynthia Lummis drew a sharp line on June 19, declaring that the CLARITY Act, the most ambitious piece of crypto legislation to reach the Senate floor in years, “is not a concession. It’s a commitment.”
Where the bill stands
The CLARITY Act, formally known as the Digital Asset Market Clarity Act (H.R. 3633), has already cleared several significant hurdles. The House passed it in July 2025 with a 294-134 bipartisan vote.
On the Senate side, the Banking Committee advanced the bill 15-9 on May 14, 2026. That vote moved it onto the Senate calendar for possible floor action this summer.
A full floor vote still requires 60 votes for cloture, the procedural step needed to end debate and actually hold a final vote. The Senate version retains the core structure of the House bill while incorporating updates from committee markups.
