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CLARITY Act markup spotlights bipartisan push and Democratic objections on enforcement, amendments and ethics

Senate Banking Committee opened a markup of the CLARITY Act, a proposed market-structure bill for digital assets, amid contested amendments and unresolved bipartisan agreement [1][2].

May 14, 20264:25 PMNewsroom AI

The Senate Banking Committee began a historic markup of the CLARITY Act (market-structure bill) as bipartisan sponsors pushed to formalize a U.S. regulatory framework for digital assets, but lawmakers immediately subjected the proposal to intense scrutiny during the session [1] [2] [3] [4].

Democratic members raised law‑enforcement and consumer‑protection concerns and clashed with Republicans over amendments to the bill, with high-profile exchanges reported during the markup process [5] [3] [1].

Senators convened separate bipartisan meetings ahead of a planned vote to negotiate changes, and reporting noted ethical questions about possible conflicts of interest among some lawmakers as they discussed the market‑structure bill [6] [4].

Despite endorsements from backers such as Sen. Cynthia Lummis, several senators acknowledged they had not yet secured the consensus needed to move the legislation forward without further amendments, leaving the bill’s path to final approval uncertain [2] [4].

Committee deliberations and amendment votes scheduled during the markup will determine whether the CLARITY Act advances to the next legislative stage [1] [3] [4].

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