Is the CLARITY Act Still Alive? 7 Democratic Senators Issue Joint Statement Vowing to Continue Pushing for the Bill's Passage

BlockBeats news, September 17 — According to crypto journalist Eleanor Terrett, seven Senate Democrats, including Gillibrand, Warner, and Gallego, issued a joint statement pledging to continue advancing the Clarity Act through bipartisan cooperation. According to three sources familiar with the discussions, the move is aimed at gauging both sides' willingness to return to the negotiating table and pass the Clarity Act by the end of the year.

The statement responds to this week's failed Senate procedural vote (49-50, falling short of the 60-vote threshold), with the primary reason for the failure being Democratic concerns over insufficient provisions in the bill addressing conflicts of interest involving public officials' crypto assets, particularly those related to the Trump family's crypto business.