Crypto
Home›Crypto›Regulation›Senate floor schedule omits CLARITY Act as clock nears…
Senate floor schedule omits CLARITY Act as clock nears Aug. recess
The Senate’s published Monday plan lists a cloture vote on a continuing-resolution bill, leaving the CLARITY Act without a stated floor path before an Aug. 10 state work period.
The Senate’s published floor schedule for Monday includes no action on the CLARITY Act, instead listing a reconvene at 3 p.m. and the only roll-call vote around 5:30 p.m. for cloture on a motion to proceed to H.R. 6500, a continuing-resolution vehicle, according to CryptoSlate.
The cloture ledger, updated through July 31, shows the July 30 filing on H.R. 6500 but no entry for H.R. 3633 or the Digital Asset Market Clarity Act, a sign the chamber has not publicly mapped out a quick timeline for the crypto market-structure bill as leadership heads toward an Aug. 10 state work period.
Under Rule XXII, a cloture petition requires 16 signatures, and a typical cloture vote on a motion to proceed comes one hour after the Senate meets the following calendar day but one, with passage generally needing three-fifths of senators duly chosen and sworn. CryptoSlate notes that an Aug. 5 filing could set up a Friday cloture vote if the Senate is in session, but that vote would be on ending debate over the motion to proceed, not passing CLARITY itself.
CryptoSlate reports leadership has faster procedural options, including a special bipartisan petition that can compress the schedule, or a unanimous-consent agreement that can be blocked by any senator, while the bill’s exact legislative vehicle remains unclear. The House-passed CLARITY Act is H.R. 3633, and Sen. Cynthia Lummis has referenced an updated version of the measure, with the vote count described as unsettled as Democratic negotiators said the draft fell short and Sen. Elizabeth Warren has opposed the revised bill.