Senator Cynthia Lummis is calling for the US Senate to vote on the CLARITY Act before lawmakers leave Washington for their August recess, as bipartisan negotiations continue over several unresolved issues in the cryptocurrency market structure bill.
Lummis said senators had been working towards a compromise for almost 11 months and argued that the legislation should be considered before the Senate breaks. Speaking to Fox Business, the Wyoming Republican said Majority Leader John Thune had set aside time on the Senate agenda for the bill over several weeks.
However, her comments represented her expectation that the legislation could advance rather than confirmation that a procedural vote had been formally scheduled.
Lummis said she had also been involved in discussions over provisions concerning the Commodity Futures Trading Commission (CFTC), as Republicans and Democrats attempt to settle their remaining differences.
The senator has urged Congress to provide clearer rules for the digital-asset industry and prevent cryptocurrency businesses from relocating outside the United States. In another appearance on Fox Business, she warned that regulatory uncertainty could encourage more crypto activity to move to jurisdictions including Switzerland and Singapore.
Negotiations remain focused on ethics rules, safeguards against illicit finance, rewards linked to stablecoins and the division of regulatory responsibilities between the CFTC and the Securities and Exchange Commission (SEC).
Democrats have pushed for tougher restrictions on senior government officials profiting from cryptocurrency ventures. They have also questioned which body would oversee those restrictions and whether the bill contains sufficiently strong anti-money-laundering protections.
The latest Senate version would require exchanges, brokers and dealers to comply with the requirements of the Bank Secrecy Act, according to a summary of the bill. It would also limit passive rewards on stablecoins while permitting incentives associated with transactions.
Lummis said the package contained an ethics agreement covering the president, vice president, members of Congress and the federal judiciary. Democrats, however, have not publicly pledged enough support to ensure the legislation can move forward.
Republicans currently hold 53 seats in the Senate. That means the bill would probably need the backing of at least seven Democrats if every Republican supported cloture.
Senator Bill Hagerty has also called on Senate leaders to stop extending negotiations and bring the CLARITY Act to the floor.
“We have to pass the CLARITY Act,” Hagerty said. “I think we should put it through a vote on the floor of the United States Senate and find out where Democrats stand.”
The latest push follows months of uncertainty over when the legislation might be considered. The House passed the CLARITY Act by 294–134 in July 2025, with 78 Democrats voting in favour.
The Senate Banking Committee advanced its version in May 2026 with the support of two Democrats. Those committee votes did not guarantee that the bill would receive enough backing in the full Senate, and Senators Ruben Gallego and Angela Alsobrooks said negotiations were still fluid after the committee markup.
Despite the public pressure from Lummis and Hagerty, an official cloture filing remains the key procedural indication that a Senate vote is imminent.
Senate records show that Thune filed cloture on other business, including a continuing-resolution vehicle. Senate Daily Press also recorded Lummis speaking in support of H.R. 3633, but did not list a cloture filing for the CLARITY Act.
Until that step is taken, expectations of an imminent vote remain unconfirmed. A deal could still be reached during the continuing negotiations, but the limited time before the August recess increases the possibility that consideration of the bill will be delayed.
