What A 2021 Crypto Procedural Vote Signals For Clarity Act Cloture
Lummis, a lead negotiator on the 2021 crypto amendment, says she will keep working to advance the Clarity Act.

SOURCE CHECK
TAP FOR WHYForbes is an established national publisher, though this article is a contributor-written piece and the page provides limited information here about the author’s reporting process. The article attributes its central quotation and identifies several participants in the events it recounts.
- Source type — Established national publisher, a strong baseline for institutional credibility.
- Author attribution — The article names its author and attributes a key quotation to Kristin Smith.
- Transparency — The article identifies people and organizations involved but offers limited detail on its reporting process.
The article gives a coherent account of the 2021 procedural blockage, names the senators involved and includes an attributed recollection from an industry leader. Its discussion of the upcoming legislation relies heavily on crypto-industry perspectives and does not include opposing views from banks, law enforcement or other critics.
HOW WE SCORE ↗The article explains the procedural objection and the industry’s case for clearer crypto rules, but it does not present the arguments of banks or other opponents of the legislation. Its reporting is explanatory, though the perspective is weighted toward the crypto industry.
- Counterarguments presented — The article does not explain the substantive objections of banks or other critics of the Clarity Act.
- Source diversity — It names several senators and quotes an industry association leader, but gives no opposing policy source.
- Opinion vs reporting — The piece recounts events but also interprets their implications for the upcoming vote.
The article uses mostly neutral language but frames the crypto industry’s legislative effort sympathetically and presents the 2021 blockage as a cautionary setback. Its overall emphasis is crypto-friendly rather than conventionally partisan.
- Framing — The 2021 episode is framed as a warning for supporters of the Clarity Act.
- Language tone — Mostly restrained wording, with some favorable descriptions of the industry’s coordination and influence.
- Source selection — The quoted source is an industry association leader, and no opposing policy perspective is included.
The article argues that the Senate’s 2021 blockage of a bipartisan crypto amendment is a warning ahead of the September 15 cloture vote on the Clarity Act. Cynthia Lummis is working to build support for the bill, including through a legislative alliance with Bernie Moreno.
In 2021, senators including Cynthia Lummis, Mark Warner and Pat Toomey negotiated an amendment to infrastructure legislation that sought to exempt crypto miners and wallet makers from certain reporting requirements. Richard Shelby objected to a unanimous-consent request, saying he would support the provision only if his proposal for additional military spending was accepted; the infrastructure bill advanced without the crypto measure.
The article says the Senate’s September 15 cloture vote will determine whether the Clarity Act advances to a floor vote, and describes unresolved issues in the negotiations. Lummis, a lead negotiator in 2021, said she would continue supporting the bill; the article also reports that she and Bernie Moreno became co-signers of the Credit Card Competition Act.
Community verdict
9 VOTESPeople in this story
SWIPE →Senator from Virginia who negotiated the 2021 amendment
Senator from Ohio and co-signer of the Credit Card Competition Act
Former Treasury secretary whose department supported the provision
Former senator from Pennsylvania who negotiated the 2021 amendment
Former senator from Alabama who objected to the 2021 amendment request
Former senator from Arizona who negotiated the 2021 amendment
Former senator from Ohio who negotiated the 2021 amendment
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