The Senate did not invoke cloture on H.R. 3633, the Digital Asset Market Clarity Act, on September 15, 2026, leaving the measure at its recorded status of passed House. The bill was introduced by Rep. J. French Hill on May 29, 2025, and passed the House 294-134 on July 17, 2025. The Senate Banking Committee reported it on June 1, 2026, with a substitute amendment from committee chair Tim Scott, but the record does not establish that the version considered on the Senate floor rewrote the House text. Sen. Thom Tillis’ motion to reconsider remains the latest listed action. The legislation would give the CFTC (U.S. derivatives regulator) primary authority over digital-commodity transactions and intermediaries, while preserving SEC (U.S. securities regulator) jurisdiction over specified securities-market activities. It also would impose Bank Secrecy Act anti-money-laundering obligations on digital-commodity intermediaries. Negotiations now center on provisions including stablecoin yield, ethics, developer protections, market oversight, customer-asset segregation and registration requirements. The account says the next draft could be shaped by Senate Banking Republicans, Agriculture Committee negotiators, or Democrats whose votes are needed to reach 60, while the SEC and CFTC continue acting under existing law.