CLARITY Act Passage Odds Drop 15% as Democrats Block Vote

Senate Democrats plan to block cloture on the CLARITY Act, citing insufficient ethics provisions. This move threatens the 60-vote threshold before the August recess, pushing potential passage to September.

Woofun AI reports that Senate Democrats intend to obstruct the cloture motion for the CLARITY Act, complicating efforts to secure the necessary 60 votes prior to the August 7 recess. Senator Ruben Gallego noted that while bipartisan ethics text has been submitted to the White House, no response has been received. Democrats argue that current provisions in the 616-page bill fail to adequately restrict federal officials from profiting via digital assets.

Senate Majority Leader John Thune maintains plans for a procedural vote this week. With Republicans holding 53 seats, approximately seven Democratic senators are required to reach the threshold. A failed or skipped vote would delay the bill until at least September. On Polymarket, the probability of the CLARITY Act becoming law by 2026 fell from 27% to 23% this week, despite industry advocates reporting over 1 million voter contacts in support.