CLARITY Act LIVE Updates Today, Aug. 6: Thune Confirms Senate Vote Delayed Until September

Breaking: Thune Confirms CLARITY Act Won’t Hit Senate Floor Before August Recess

The Senate will wait until after the August recess for a floor vote on the CLARITY Act, Senate Majority Leader John Thune (R-S.D.) announced today.

On X, POLITICO reporter Jordain Carney shared the update in reference to Thune’s confirmation. Carney wrote, “NEWS: Thune just confirmed our scoop that Senate is punting clarity vote until September.” She added, “Said they would get it teed up for when they return.”

The comments by Thune confirm that the crypto market structure bill will not be voted on by the Senate before the next break. It is anticipated that the Senate will convene again in mid-September. Read More.

CLARITY Act Talks In “Weird Limbo” As White House Pushes Ethics Deal

Crypto law talks are hanging in a “weird limbo” as lawmakers still work on the CLARITY Act, crypto journalist Eleanor Terrett wrote.

“The White House has now started engaging on the Tillis-Gallego bipartisan ethics counteroffer,” Terrett wrote on X. She added that “an intense effort this week” has been underway from some of President Trump’s closest supporters “to make the case for an ethics agreement.”

Meanwhile, negotiations are ongoing over other remaining outstanding issues, Terrett said, with the White House leading the discussions around BRCA issues to get the last holdout law enforcement officials closer to a deal.

Coinbase CEO Armstrong Urges Senate Vote On CLARITY Act

Coinbase CEO Brian Armstrong urged lawmakers to move forward with a vote on the CLARITY Act. He criticized the U.S. Senate has had the crypto bill for a year. “Lawmakers have negotiated hundreds of pages of changes” and secured “unprecedented ethics commitments,” Armstrong wrote on X.

He said the crypto and banking industries have also compromised as he added, “No one gets everything. Everyone gets most of what they need.” Armstrong argued the remaining issue is whether groups will “stall or block legislation” and called on the Senate to “call the vote.”

CLARITY Act Vote Delay Talks Continue As Senate Negotiations Stall

Senate negotiations ahead of the August recess remain stalled partly due to the CLARITY Act, according to Punchbowl News reporter Brendan Pedersen. “Democratic leadership continues pushing to delay a procedural crypto vote,” Pedersen wrote on X.

He added that Senate Minority Leader Chuck Schumer “wants to give talks more time.” Republicans, meanwhile, are “agitating for a vote.” Pedersen noted there are “a LOT of other problems in the mix.”

These include hemp and sanctions, but said Democrats are holding the line in part to secure a CLARITY deal.

Sen. Tim Scott Says First CLARITY Act Vote Still Possible as Senate Weighs August Recess Delay

Senate Banking Committee Chair Senator Tim Scott has said they could still hold a first vote on the CLARITY Act before heading into their August recess. He also accused Democrats of slowing negotiations even as Republicans push to get the crypto bill across the finish line.

In a FOX Business interview, the Senate Banking Chair said that they should have the first vote on the crypto bill before the recess and that Majority Leader John Thune has the opportunity to make this happen. He added that they would likely be on Capitol Hill for longer than just the remaining two days before their recess.

“So the good news is that we have the time to get it done,” he said regarding the CLARITY Act. He added that the crypto bill is in the best interest of protecting consumers and allowing innovation in America. Read More.

CLARITY Act Ethics Deal Could Force Trump To Sell Crypto Holdings

President Donald Trump may have to sell off his crypto holdings as lawmakers work out final amendments to the CLARITY Act, according to reports.

The draft ethics provisions, which has not yet been made public, is said to mandate that the president sell off crypto business ventures. This could be a big tax event as the sale of the assets would be subject to capital gains tax.

The idea also has the potential to offer a tax advantage, though, as it would prevent Trump from paying capital gains taxes on some of his crypto investments, per a Bloomberg report. The deal is said to be a potential tax break as part of the divestment deal. Read More.

GOP Senator Jerry Moran Raises Red Flags Over CLARITY Act

Senator Jerry Moran said that he will not support the CLARITY Act unless it is amended to address concerns raised by the banking sector.

The Kansas Republican said he is “unable to support the Clarity Act in its current form until there’s a satisfactory and different outcome than where we are now in regard to its … consequences on the people who rely upon banks in small towns across Kansas.”

News: Republican Sen. Jerry Moran is NO on the Clarity Act without bank-favored changes to the bill

Much more on the crypto bill state of play here:https://t.co/bK0QO7cUbP

— Jasper Goodman (@Jasper_Goodman) August 6, 2026

Moran, who has been a longtime supporter of community banks, is the second GOP senator to vote against the bill in its current form as lawmakers work on any new version of the crypto bill.

CLARITY Act Misses Weekend Vote as Senate Skips Cloture Filing

On Thursday, the U.S. Senate made no attempt to bring the CLARITY Act to a floor vote. This suggests that it is unlikely a procedural vote will take place this weekend and delaying the crypto market structure bill further down the Senate calendar.

The Senate Press Gallery posted the daily schedule, which would have the chamber reconvene at 10:00 a.m. Thursday to “resume consideration of the nominations in bloc, pursuant to S Res 817, post-cloture.” The release added that “roll call votes are expected but have not yet been scheduled.”

However, the CLARITY Act was not on the agenda at all.

The Senate won’t be able to start the process they need to move the bill to a vote this week until a cloture petition is filed. The late filing eliminates the possibility of a weekend vote to close the door on the filings, which is typical procedure in the current Senate session. Read More.

Elizabeth Warren Ditches CLARITY Act Floor Vote Over 'Corruption' Concerns

Senator Elizabeth Warren reiterated her objections to the CLARITY Act, saying it has problems that remain so far.

“They’ve still not solved the problem of corruption, of consumer protection, of national security, or protecting our economy,” Warren said. She added that “until you solve those problems, I just don’t see how anyone, Democrat or Republican, moves forward on this bill.”

Warren has been one of the Senate’s most vocal critics of the crypto market structure proposal. She has said the crypto bill she is lacking hasn’t adequate protections for consumers and the financial system.

CLARITY Act Senate Vote Still Possible As August Recess Deadline Nears

The Senate is running out of time to move the CLARITY Act before going on recess in August. Senate Majority Leader John Thune hasn’t submitted a cloture motion and talks on the ethics rules are ongoing. Filing cloture on Thursday would be a last hurdle to a procedural vote this week, if senators wish to do so.

The Senate has had CLARITY for a year.
Since then, lawmakers have negotiated hundreds of pages of changes, reached agreement on SEC and CFTC nominations, and secured unprecedented ethics commitments. The crypto and banking industry have compromised as well.

That’s how…

— Brian Armstrong (@brian_armstrong) August 6, 2026

The delays haven’t stopped Senator Cynthia Lummis from suggesting the Senate might continue session past its recess. This indicates that policymakers could keep going to ensure that the crypto market structure bill moves forward for a vote.