The CLARITY Act, a proposed U.S. crypto market-structure law, is scheduled for a Senate cloture vote on September 15 at 2:15 p.m. ET as U.S. Rep. French Hill predicts it will clear Congress before the November midterm elections. Hill, the chair of the House Financial Services Committee, called the legislation extremely vital to the U.S. digital asset industry and said he agrees with SEC (U.S. securities regulator) Chairman Atkins that passage is critical. Senate Majority Leader John Thune filed cloture before the August recess, setting the bill up for action when lawmakers return. Cloture (a vote to end debate) requires 60 votes, while Republicans hold 53 Senate seats, meaning Democratic support is needed. The House previously passed the bill with 78 Democratic votes, Hill said, but cancelled the final two weeks of September sessions and is expected to begin its election recess by September 17. That leaves the Senate and House limited time to resolve any changes before the November elections. The comments followed the GENIUS Act becoming law and reaching one year since enactment; Hill said the next regulatory phase would cover digital assets and financial markets built on blockchain. The source concludes that the CLARITY Act’s 2026 passage prospects have fallen sharply after the House schedule change.