Senate Banking Committee Advances Digital Asset Market Clarity Act
So far four center and right-leaning outlets have covered this. No left-leaning outlet has picked it up yet.
Lead article · Bitcoin Magazine · CENTERSenate Banking Committee Opens Historic Crypto Bill Markup As Warren, Republicans Clash Over CLARITY Act AmendmentsHow each side told it
Who’s in it, and how each side portrayed them
Scott and Warren were named together by 2 of 4 outlets. Counted by outlet.
Tim Scott declined to let a bank-backed stablecoin-yield amendment receive a vote during the Senate Banking Committee markup.
Cynthia Lummis defended the bill’s safeguards and argued that a regulatory framework could address risks in crypto markets.
Warren criticized the bill and advanced several amendments, most of which failed along party lines.
What Congress actually did
FACTS FROM THE HOUSE RECORD AND CONGRESS.GOV, NOT FROM COVERAGE
CLARITY Act of 2025
Digital assets can be used for payments, traded as investments, or built into blockchain networks, and federal rules can vary by activity. The bill would establish a federal framework for digital commodity markets and address customer protections, illicit finance, and bank activities. It would also restrict Federal Reserve banks’ ability to offer certain services to individuals or issue a central bank digital currency.
- IntroducedMAY 29 · HOUSE
- Passed HouseTHIS STORYJUL 17 · 294–134
- Senate passage
- Signed into law
When each side picked it up
When each side picked it up. center: 3 articles, first thu 12:05 pm. right-leaning: 1 article, first thu 3:32 pm.
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