Senate Banking Committee Advances CLARITY Act in 15-9 Vote

On May 15, 2026, the US Senate Banking Committee voted 15-9 to advance the proposed CLARITY Act, sending the crypto market structure bill toward a full Senate vote in the coming weeks. Democratic senators Ruben Gallego and Angela Alsobrooks backed the committee move but said they may oppose final passage unless ethics rules around digital-asset holdings by senior officials and their families are strengthened. Disputes over stablecoin rewards programs and protections for noncustodial DeFi software developers remain unresolved ahead of the floor vote.