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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
05/09/2026

Senate Banking Committee Schedules May 14 Vote on CLARITY Act

What happened: The Senate Banking Committee announced a markup for Thursday, May 14, 2026 to amend and vote on the Digital Asset Market Clarity Act.

Senate Banking Committee Schedules May 14 Vote on CLARITY Act

What happened: The Senate Banking Committee announced a markup for Thursday, May 14, 2026 to amend and vote on the Digital Asset Market Clarity Act. Chairman Tim Scott released bipartisan negotiated text ahead of the markup, with 137 proposed amendments filed. This marks a second attempt after a previous postponement due to industry pushback.

Why it matters: Treasury Secretary Scott Bessent publicly urged passage, targeting a floor vote by early summer and signed legislation by end of summer 2026. The timeline creates a narrow window ahead of August recess, with the crypto industry viewing this as a critical moment for establishing comprehensive market structure rules.

Source: The Block