Patrick Witt, secretary-general of the White House Crypto Council, warned that the SEC (U.S. securities regulator) and CFTC (U.S. derivatives regulator) would pursue their own regulatory proposals if lawmakers vote down the Clarity Act. His comments came shortly after the Senate returned from its September recess and before a Sept. 15 cloture vote (a vote to end debate) expected to be a turning point for the bill. The remarks were viewed as pressure from the administration to accelerate congressional negotiations, Crypto Briefing reported.