Senate Democrats blocked the CLARITY Act, a bill that would have established sweeping cryptocurrency regulations, in a 49-50 vote. Democrats had sought stronger safeguards to prevent the president and other officials from profiting while in office. FBI Director Kash Patel faced nearly five hours of questioning before the Senate Judiciary Committee over the firing of experienced agents, FBI plans for the midterms and changes to hiring requirements involving prostitution and bestiality. Patel declined to say whether Joe Biden won the 2020 election and said the hiring changes were intended to protect trafficking and other victims, not reduce standards. An FBI spokesperson told the NewsHour that the agency was not relaxing hiring standards and called that claim totally false. Air Force Secretary Troy Meink said the U.S. military has, for the first time, confirmed it possesses on-orbit space control weapons, prompting warnings from China and a call from the Kremlin for the complete demilitarization of space. Saudi Arabia and Iran-backed Houthi rebels accused each other of fresh attacks in Yemen, where the U.N. estimates about 125,000 people have been displaced. A Congressional Budget Office assessment said the war in Iran had cost the U.S. more than $38 billion through August 1 and could continue costing up to $3 billion a month or more while increasing inflation. California prosecutors will not seek the death penalty against Nick Reiner in the killings of his parents, Rob Reiner and Michele Singer Reiner; he faces life without parole. U.S. stocks fell before the Federal Reserve's interest-rate decision, while the 78th Emmy Awards produced records led by Apple's Widow's Bay, which won 14 awards.