Senate Majority Leader John Thune filed cloture early on August 8 to force a September 15, 2:15 p.m. ET vote on whether the Senate should take up the Digital Asset Market Clarity Act (H.R. 3633), which passed the House with strong bipartisan backing in July 2025. The vote would only limit debate on the motion to proceed, not pass the bill, and Republicans still need at least seven Democratic or independent votes beyond their 53 seats while disputes over ethics, illicit finance, committee text, and deposit flight remain unresolved. Sens. Ruben Gallego (D-Ariz.) and Thom Tillis (R-N.C.) sent an ethics compromise to the White House that would require President Trump to divest from crypto-related businesses, but Trump has not approved it, while Sen. Cynthia Lummis says daily talks continue and Patrick Witt says the administration is "fully committed" to passage in September. With the Senate returning September 14 and only about 14 scheduled session days before the October election recess, a failed or delayed vote could push the bill into 2027; Galaxy Research has cut its 2026 passage odds to 30% from 50%, and investors are watching whether the framework for SEC (U.S. securities regulator) and CFTC (U.S. derivatives regulator) jurisdictional lines, developer safe harbors, and customer protection standards can stay on track.