The US Senate is running out of time to vote on the CLARITY Act before its month-long August recess, and Democrats' own calendar shows no vote scheduled. Senator Cynthia Lummis says bipartisan negotiations continue daily, but the bill still needs 60 votes to break a filibuster and faces holdouts in both parties.
The Senate's window to pass the CLARITY Act before recess is closing. As of Wednesday, Senate Democrats' calendar showed no vote scheduled for the bill, leaving lawmakers only a few business days before the chamber breaks until mid-September.
Lummis says talks continue daily
Senator Cynthia Lummis, one of the bill's biggest proponents, said lawmakers continue to negotiate the CLARITY Act after nearly 11 months of discussions. Speaking in a Fox Business interview, she said the Senate is still expected to consider the bill before lawmakers leave for recess.
She said Senate Majority Leader John Thune has reserved floor time for the bill for several weeks. She believes he intends to move forward with the legislation despite ongoing negotiations.
According to a Wednesday X post, Lummis said: "It's just time to get people on the record." Thune is reportedly still planning to schedule a vote before Saturday.
An ethics fight tied to Trump's holdings
Opposition centers on many Democrats seeking stronger ethics provisions tied to President Trump's investments. He disclosed he earned more than $1.4 billion from investments tied to digital assets in 2025. Republicans aren't unified either — Senator Josh Hawley reportedly plans to withhold his vote until the bill addresses bank concerns, even after negotiators struck a compromise with banking groups over stablecoin yield.
Because of this, the bill's CFTC and ethics provisions remain the main subjects of negotiation between Republicans and Democrats.
The vote math still doesn't add up
The bill needs 60 votes to invoke cloture and break a filibuster. Yet the Senate Banking Committee only advanced it 15-9 in May, with just two Democrats in favor. Leadership still needs to flip at least five more votes before the floor even opens.
If Thune doesn't schedule that vote by Friday, the CLARITY Act's fate slides into the run-up to the 2026 midterm elections.
Sources: Cointelegraph, CoinGape, Crypto Briefing
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