Donald Trump · CLARITY Act · US Senate · U.S. · Decrypt
Senators File Clarity Act Amendments on DeFi, Trump Family, and Jeffrey Epstein
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With less than 24 hours to go until the Senate Banking Committee’s landmark vote on the Clarity Act, participating senators have introduced dozens of amendments to the major crypto bill.
Key facts
- Another from Warren (the progressive senator filed over 40 amendments on the bill) would cap credit card interest rates at 10% for a year
- With less than 24 hours to go until the Senate Banking Committee’s landmark vote on the Clarity Act, participating senators have introduced dozens of amendments to the major crypto bill
- The amendment will force all members of the Senate Banking Committee to vote on its inclusion in the Clarity Act and pick a side
- Andy Kim, who voted to pass the stablecoin-focused GENIUS Act out of committee last spring, introduced several amendments to the Clarity Act focused on beefing up national security protections
Summary
Senators filed dozens of last-minute amendments to the Clarity Act ahead of Thursday’s key vote. Proposed changes target stablecoin rewards, Trump family crypto ventures, DeFi regulation, and anti-money laundering rules. Other amendments veer beyond crypto entirely, including proposals on housing policy, credit card fees, and releasing records tied to Jeffrey Epstein. At tomorrow’s hearing, lawmakers will vote on adding each amendment to the sprawling legislation—which would formally legalize most crypto activity in the United States—before ultimately deciding whether to pass the bill onto the Senate floor.