Key Takeaways:
Senate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote.Unresolved bracketed sections, ethics language, and stablecoin rewards remain key sticking points.Polling found 52% of voters support the CLARITY Act after a neutral description.“The Senate Banking Committee is preparing to notice a markup for the CLARITY Act as soon as tomorrow and has circulated draft legislative text to select industry members ahead of a potential Thursday vote.”
Stablecoin Yield Deal Leaves Ethics Clause in FocusAfter passing the House in July 2025, the Digital Asset Market Clarity Act has faced months of Senate Banking Committee deadlock. Pressure increased this week after Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said the White House wants passage by July 4. The target adds urgency before election-year politics slow legislative action.
U.S. Senator Cynthia Lummis said:
“I have spent years in the Senate fighting for American leadership in digital assets, and that means finishing what we’ve started with the CLARITY Act. Let’s get this done.”
