CLARITY Act Fails Senate Cloture Vote
The U.S. Senate failed to reach the 60-vote threshold required to end debate on the Digital Asset Market Clarity Act (H.R. 3633) on September 15. The motion to proceed was rejected with 49 votes in favor and 50 against. While the bill remains on the Senate calendar, the failure to invoke cloture prevents immediate floor debate or a final passage vote. Republican Senator Thom Tillis moved to reconsider the vote, keeping a procedural path open for future action.
Summaries are written by AI from the original article. Not investment advice.