
Senator Cynthia Lummis renewed calls to pass the CLARITY Act on the first anniversary of the GENIUS Act, as the Senate remains the key hurdle and supporters press for a broader U.S. crypto framework.
The CLARITY Act remains a focal point in Washington’s push to establish clearer U.S. rules for digital assets, with Senator Cynthia Lummis using the first anniversary of the GENIUS Act to urge Congress to complete broader crypto market-structure legislation. Lummis said the stablecoin law was an important first step in securing the dollar’s dominance and argued the United States now needs the CLARITY Act to build a wider framework and preserve its position in digital assets. The bill has already passed the House of Representatives by a bipartisan 294-134 vote and advanced through the Senate Banking Committee in May 2026 by 15-9, but it still faces a 60-vote threshold in the full Senate to overcome a filibuster. Supporters including Rep. French Hill say the measure is needed to complement the GENIUS Act, clarify the division of authority between the Commodity Futures Trading Commission and the Securities and Exchange Commission, and reduce regulatory uncertainty that they argue has pushed crypto firms, developers and capital overseas.