Lummis Releases Final Clarity Act Draft Ahead of Senate Vote

Senate Republicans have released the final text of the Digital Asset Market Clarity Act, incorporating 126 changes requested by Democrats, including new ethics provisions. The bill, supported by Senators Lummis, Boozman, and Scott, faces a cloture vote on Tuesday. President Donald Trump has agreed to language that allows state attorneys general to enforce conflict-of-interest rules for public officials. The draft also grants the Treasury secretary authority to impose circuit breakers on stablecoin rewards if they threaten community bank deposits.