The senator said negotiations have focused on ethics language and argued it is time for lawmakers to advance the bill.
Sen. Dave McCormic said the CLARITY Act should be brought to the floor for a vote, signaling momentum for the crypto market structure bill after negotiations over ethics language. In remarks aired on FOX, he said, "The bottom line is it's time to move..there's been negotiations around ethics language..we need to get this to the floor and vote on it..I think this is the time to play offense." The comments point to continued congressional work on the legislation, which is designed to set clearer rules for digital assets and oversight responsibilities.