Rushed CLARITY Act vote could set legislation back, Gallego warns
Sen. Ruben Gallego warned that forcing an early Senate vote on the CLARITY Act could hurt broader crypto market structure legislation. He said Congress still needs to settle ethics rules, stablecoin yield issues, the Agriculture Committee section, and how to package the bill before sending it to the House. Gallego urged both parties to keep negotiating rather than rush a procedural vote, saying a premature move could “set it back further.” He said he and Sen. Thom Tillis sent compromise ethics language to the White House before recess but have not received a detailed response, and that stronger ethics restrictions are needed to win Democratic support. The warning comes as the Trump administration pushes for faster passage, while Senate leaders have postponed action until September.
