Senators Cynthia Lummis, John Boozman and Tim Scott released what they called the final text of the Digital Asset Market Clarity Act on Monday, a day before the Senate votes on whether to take the bill up, with ethics restrictions on the president, members of Congress, federal judges and their spouses that President Trump agreed to.
Ethics for elected officials was the first item seven Senate Democrats listed in July when they said the bill fell short. Cloture on the motion to proceed to H.R. 3633 ripens Tuesday at 2:15 p.m. and needs 60 votes, under a unanimous consent agreement entered Aug. 8 and carried on the Senate Calendar of Business. Republicans hold 53 seats against 45 Democrats and two independents who caucus with them, per the Senate's party division tally. If every Republican votes to proceed, seven Democrats carry the motion. The Defiant reported that seven-Democrat math when the bill reached the floor calendar.
The text runs 635 pages against 616 for the version Lummis posted on July 22. Lummis posted an interim revision on Sept. 10 that listed three changes, none of them in the ethics division. Monday's release lists 126 changes Democrats requested, five of them in the ethics division, and says the new ethics language reflects "substantially all of the Tillis-Gallego ethics proposal." Senator Ruben Gallego of Arizona is one of the seven Democrats. His office has not commented on the text.
