Jul 18, 2026 · 9:54 PM
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Congress Takes the CLARITY Act to Wall Street as the Senate Clock Runs Out
BUSINESS ★ FEATURED
Congress Takes the CLARITY Act to Wall Street as the Senate Clock Runs Out
The House Financial Services Committee held a field hearing in New York on July 17 to pressure the Senate into a floor vote on the CLARITY Act before the August recess. The bill would settle whether the SEC or the CFTC regulates tokens like Bitcoin and Ethereum, but it remains seven to nine Democratic votes short of the 60 needed to pass, with Senator Elizabeth Warren tying her opposition to Trump's crypto disclosures.
Julian Lim
5 min read
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