BREAKING: Clarity Act “First Thing When We Come Back,” Senator John Thune Confirms

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 13 years of experience, including over 7 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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Clarity Act "First Thing When We Come Back," Senator John Thune Confirms
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Highlights

  • Clarity Act vote will be queued up first on Senate floor in September, John Thune confirms.
  • Democrats continue to negotiations on ethics provisions, illicit finance, and consumer protection.
  • The crypto community expects Trump's decision on new ethics counteroffer in coming days.
  • Senate will convene next on September 14, with cloture motion by John Thune.

Senate Majority Leader John Thune confirmed that the Clarity Act will be queued up first for a floor vote when the Senate returns after the recess. The comments come after a Democratic filibuster delayed the procedural vote on the crypto bill to September.

John Thune Clarity Act Will Be “First Thing” on Senate Floor in September

John Thune promised to bring the Clarity Act on the full Senate floor first when Senators return from recess. “We’re getting that queued up first thing when we come back,” he stated.

This would require a cloture motion filing by Thune to begin a procedural vote. The crypto bill requires 60 votes to overcome the Democratic filibuster, with 53 Republicans in the Senate.

Thune claimed Democrats pressed for no Clarity Act vote as negotiations continue on ethics provisions, illicit finance, and consumer protection, blocking a pre-recess vote on the crypto bill.

“The Dems are insistent on no Clarity vote… I worked with sponsors of the bill. Senator Cynthia Lummis was great,” he added.

Meanwhile, the crypto industry also awaits President Trump’s approval on the new bipartisan ethics counteroffers sent to White House. The decision is expected in days as the White House began negotiating ethics provisions of the Clarity Act with both parties.

What’s Next for the Crypto Bill?

The Senate is scheduled to begin its five-week August recess today and is expected to return in mid-September. Senators will have a 15-day window of session before focus fully shifts to the November midterm elections, with Trump pushing to pass the SAVE America Act.

Meanwhile, Senate Minority Leader Chuck Schumer wants to give Clarity Act talks more time. The crypto bill remains stalled in the Senate as Democrats and banks raised concerns over current draft language on ethics rules, illicit finance, Blockchain Regulatory Certainty Act (BRCA), and others.

Meanwhile, Senator Thom Tillis backtracked on ethics to reporters and confirmed that the White House has not been in touch on the bipartisan ethics deal. “Hopefully we’ll hear back,” adding he may release his proposal publicly.

Senator Cynthia Lummis is expected to continue to work on text over the Senate recess, primarily on addressing the remaining ethics and issues. She is also in discussions with Senator Josh Hawley to resolve concerns.

For the crypto industry, the September window is widely viewed as the last opportunity for the crypto bill this year. Missing it could push Clarity Act into 2027 or later. Polymarket shows a 14% chance of the Clarity Act signed into law in 2026. It fell after Senate Majority Leader John Thune held off on a cloture filing earlier this week.

Clarity Act Signed Into Law in 2026 Odds
Clarity Act Signed Into Law in 2026 Odds. Source: Polymarket

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 13 years of experience, including over 7 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.