SEC Chair Paul Atkins Expects Senate Passage of CLARITY Act by September 15 Cloture Vote
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has expressed strong optimism that the Senate will pass the landmark CLARITY Act within a two-week window, pointing toward a crucial procedural cloture vote scheduled for September 15.
The legislation aims to establish a comprehensive federal market structure for digital assets by clearly dividing regulatory oversight between the SEC and the Commodity Futures Trading Commission (CFTC). While the bill has advanced through key committee hurdles, market participants remain watchful of potential legislative bottlenecks—including debates over stablecoin yield provisions and ethics requirements—as lawmakers look to clear the 60-vote threshold needed to send the bill to President Donald Trump's desk.