White House warns CLARITY Act will die Sept 15 unless 7 Democrats vote yes
The White House is pressuring Senate Democrats ahead of a Sept. 15 procedural vote on the CLARITY Act, saying Congress has already had enough time to settle crypto market-structure rules. Patrick Witt said Democrats, including Chuck Schumer, are blocking progress by seeking more negotiations, and argued that if a deal is not reached by Sept. 15, it never will be. Sen. Bernie Moreno echoed that message, framing the vote as a test of whether the U.S. keeps its lead in digital-asset innovation. The vote is only on cloture for the motion to proceed, not final passage, and would need 60 votes. Republicans expect unanimous GOP support, so at least seven Democrats would need to join them. Negotiations have centered on conflict-of-interest rules for officials with crypto ties and on stablecoin rewards. Failure to advance the bill would not kill it, but would signal weak bipartisan support for crypto market-structure legislation this year.
