The Senate failed to clear a procedural hurdle for the Clarity Act on September 15, with 49 votes in favor, short of the 60 needed. Democrats said ethics guardrails were not strong enough to prevent President Trump and other officials from profiting from crypto ventures. The bill would have established the first comprehensive federal regulatory framework for digital asset markets.
News report: https://www.nytimes.com/2026/09/15/technology/senate-blocks-crypto-bill.html?eafs_enabled=false