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Senate Leaders Push for CLARITY Act Vote in July, Need 7 Democrats to Reach 60-Vote Threshold

2026-06-30 12:32:35

Senate Banking Committee Chairman Tim Scott and Majority Leader John Thune are pushing for a CLARITY Act vote in July, according to reporting confirmed this week. The bill would split digital asset oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). To overcome a filibuster, the measure needs 60 votes, but Republicans hold only 53 seats, requiring at least seven Democrats to cross over. Galaxy Research estimated passage odds at 50%, citing scheduling pressures and the Senate's pre-recess calendar.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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