Senate won’t vote on crypto Clarity Act before its summer break

The Clarity Act did not have any time agreement, individuals following the bill told CoinDesk earlier Thursday.

To be successful, the bill would need 60 votes in favor. It’s unclear if it even has 50 votes as of press time, with multiple Republican senators publicly announcing their opposition and Democrats continuing to call for President Donald Trump to agree to a stricter ethics provision than exists in the bill today.

But many of the issues holding the bill up are now political, rather than strictly about the language in the legislation.

Lawmakers have come to agreements on the vast majority of their outstanding issues on the bill, which saw independent approvals from the Senate Banking Committee and Agriculture Committee. The biggest remaining issue was an agreement on a so-called ethics provision targeting Trump, who disclosed he made north of $1 billion from his various crypto businesses in 2025.

While Trump had agreed to an ethics provision brokered by Senator Cynthia Lummis, Senate Democrats — and some Republicans, including Thom Tillis — said they had concerns with the language. Tillis and Senator Ruben Gallego drafted a counter-proposal, which they said they sent to the White House at the end of July. The White House has not publicly responded as of press time.