Crypto market bill CLARITY stalls in the Senate

The September 15 vote was not on the bill itself but on opening debate, which needed 60 votes. It failed 49-50. All Democrats and four Republicans voted no. Without cloture, the bill cannot reach the Senate floor.

The ethics fight that stalled the bill for months decided it. Democrats wanted an enforceable ban on the president and senior officials profiting from the crypto market they regulate. The ethics language Republicans added to the final text did not win enough votes.

On Polymarket, the odds of the bill becoming law this year fell from 82% in February to about 7%. Bitcoin slipped below $76,000 after the vote.