Senator Cynthia Lummis is intensifying efforts to secure Democratic support for the Clarity Act ahead of its upcoming procedural vote in the Senate, emphasizing key concessions made to the bill during negotiations. As chair of the Senate Banking subcommittee overseeing digital assets, Lummis argues that Democrats have won significant revisions to the legislation, though she has not detailed what those changes entail. The bill’s passage next week hinges on bipartisan backing, with Lummis framing the measure as a necessary step forward in regulating digital assets. Supporters claim the revised version addresses past concerns while maintaining a balanced approach to innovation and oversight.
Sen. Cynthia Lummis (R-Wyo.) is ramping up pressure on Democrats to back the Clarity Act as it heads to the Senate floor next week for a procedural vote, highlighting the changes they have secured to the bill throughout negotiations. Lummis, who chairs the Senate Banking subcommittee on digital assets, argued Thursday that Democrats have secured...
