CLARITY Act timeline & status updates
This page is our running record of the CLARITY Act's progress through Congress — updated whenever its status changes. It's the page to bookmark or subscribe to (RSS feed) if you just want to know "what's happening right now."
The CLARITY Act has passed the House (294–134) and cleared the Senate Banking Committee (15–9), but has not yet passed a full Senate floor vote or been signed into law. Passage requires 60 Senate votes — roughly seven Democratic crossovers beyond the two secured in committee. Three disputes remain unresolved: presidential-ethics/conflict-of-interest provisions, how DeFi developers and front-ends are treated, and stablecoin yield rules. A consolidated Senate Banking/Agriculture draft was expected around July 17–20, 2026, and the August 7, 2026 recess is widely seen as the effective deadline for a vote this year. Prediction markets have put pre-recess passage odds in roughly the 39–43% range.
The three disputes holding up a Senate vote
Presidential ethics
Democrats want conflict-of-interest provisions addressing the Trump family's crypto business interests. Republicans view such riders as designed to fracture GOP support and have resisted adding them.
DeFi developer treatment
The Senate Banking and Agriculture committees produced different draft language on whether software developers and front-end operators face registration requirements — a reconciliation problem before any floor vote.
Stablecoin yield
Banks oppose interest-bearing stablecoins as competition for deposits, while provisions referred to as Section 604 face separate objections tied to illicit-finance concerns.
Full timeline
H.R. 3633 introduced in the House
The Digital Asset Market CLARITY Act is introduced and referred to the House Financial Services Committee (and, for portions touching commodities, the Agriculture Committee).
House Financial Services Committee releases section-by-section summary
The committee publishes its official section-by-section breakdown of the bill ahead of floor consideration. See our own plain-English version.
Passes the U.S. House of Representatives, 294–134
A notably bipartisan margin for a financial-regulation bill, reflecting crossover support from both parties.
Senate Banking Committee advances the bill, 15–9
The Senate Banking, Housing and Urban Affairs Committee votes the bill out of committee in a bipartisan vote, moving it to the full Senate calendar.
Placed on the Senate legislative calendar
The bill becomes eligible for a floor vote, but Senate leadership does not immediately schedule one.
Bill misses informal July 4 target
Reporting indicates the bill misses an informally floated July 4 target for Senate action as the three disputes above remain unresolved.
Word of a new consolidated Senate draft
Sources indicate a new merged Senate Banking/Agriculture draft, addressing the DeFi-treatment split, is imminent.
House Financial Services field hearing in New York
The committee holds "Building the Future of Finance: How CLARITY Act Unlocks Innovation" — a field hearing intended to build public and market momentum ahead of a possible Senate vote, alongside reports that new consolidated text was circulating without confirmed Democratic support yet.
Senate floor vote still pending
No confirmed floor vote date has landed as of this writing. Vote math still requires roughly seven Democratic crossovers beyond the two secured in committee. This is the most current status we have verified — check back or see congress.gov for anything more recent.
August recess deadline
Widely viewed in coverage as the effective cutoff for a contested Senate vote before the legislative window closes for the rest of the year.
What happens next
A Senate-passed bill would likely need reconciliation with the House-passed version (or a House vote to concur with Senate changes) before heading to the President. Rulemaking deadlines (80/180/270/360 days) would then begin running from enactment — see the section-by-section breakdown for what each deadline covers.
What to watch next
- Whether a consolidated Senate Banking/Agriculture text resolves the DeFi-developer registration dispute.
- Whether any conflict-of-interest / presidential-ethics language gets added — or firmly rejected — as part of a deal to secure Democratic votes.
- Whether Senate leadership schedules a cloture vote before the August 2026 recess.
- How prediction-market odds move as whip counts firm up.