The CLARITY Act is not 'dead,' Senator John Kennedy says it may be postponed until the lame-duck session for further advancement.

BlockBeats news, September 16 — U.S. Senator John Kennedy said he was not surprised that the CLARITY Act failed to pass this Senate vote, but believes the bill is not completely dead. He said Democratic lawmakers also understand that the United States needs to establish a crypto market structure regulatory framework that "looks carefully designed," but related legislation may have to wait until Congress's lame-duck session to move forward.

Republican Senator Ted Cruz, citing a classic line from the film The Princess Bride, said: "There's a big difference between 'dead' and 'mostly dead.' I hope it can come back to life." Cruz blamed Democrats for the bill's blockage, saying they "brought politics into it," and warned this could push the crypto industry and related jobs overseas.

BlockBeats note: A "lame-duck session" refers to the transition period after the U.S. election and before the new Congress is formally sworn in. At this time, some lawmakers may have lost their races or are confirmed to be leaving soon, but they still retain the powers of sitting members, so Congress can continue to deliberate and vote on bills. Because the power structure of the old and new Congresses has already been determined, this period is usually seen as a window for handling unfinished legislation, budgets, and other important issues. Therefore, some bills that were not completed during the regular session may be left for the lame-duck session to be pushed again.