CLARITY Act Countdown: Senate Has Days to Save Landmark Crypto Bill Before Recess The Senate has limited time to vote on the Digital Asset Market Clarity Act before Senators leave Washington to return to their home states for summer recess․ The CLARITY Act was not included on the Senate calendar for the week of Monday‚ August 3‚ 2023‚ and there was no cloture petition for H․R․ 3633 on the cloture ledger for the same date․ That does not kill the bill‚ but it complicates things for Senate leadership’s hopes of beginning consideration before the state work period‚ which begins August 10․ Under the Senate’s normal Rule XXII procedural practice‚ supporters can file a petition for cloture signed by 16 Senators․ If filed on Wednesday‚ August 5‚ the Senate could vote on the cloture petition on the following Friday‚ August 7‚ if the Senate is in session‚ without approving the…

5, the Senate could hold a… pic.twitter.com/Y9J8Xd8WKT The only question before the Senate would be whether to invoke cloture (to end debate on the motion to proceed)‚ which requires a 60-vote margin to overcome․ As of now‚ Republicans hold 53 seats and would need at least seven Democrats․ Read More: The End of Crypto Privacy? How Global Regulations Are Changing Everything in 2026 Even after a successful vote‚ Rule XXII allows up to 30 hours of post-cloture debate before a vote on the motion to proceed to consider the bill․ Following a successful cloture vote‚ senators then debate the language of the bill‚ offer up amendments and vote on passage; the Senate may subsequently choose to move to invoke cloture on the bill itself․ This is why a Friday vote is only the first step in the process․