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FollowingSummary
House Republican leaders canceled August voting day, making the possibility of the CLARITY Act being passed before the midterm elections slim. Although the Senate has three meeting weeks to advance its version, congressional legislation needs to be approved by the House before it can be submitted to President Trump for signature. The bill aims to divide the regulatory authority of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and the committee's differences and reconciliation requirements could delay final congressional approval until November.
September vote cannot complete the legislative process
The CLARITY Act faces obstacles to its approval before the midterm elections because House Republican leaders canceled eight voting days in two weeks, shortening the September voting schedule. Lawmakers will return to Washington on September 14 for a four-day vote before leaving Washington until the resumption of the session after the November midterm elections. However, because the House must approve the Senate's final version, Senate approval does not directly send legislation to President Donald Trump. As a result, the reduced House calendar poses a major obstacle, making passage of the bill before the midterm elections extremely unlikely.
The bill divides regulatory authority for digital assets between the Securities and Exchange Commission and the Commodity Futures Trading Commission. At the same time, the bill prohibits government officials and their spouses from holding or promoting cryptocurrencies while in public office.
Senators are expected to consider a closed-debate motion on September 15, which requires 60 votes to start the debate but will not complete final passage or send it directly to Trump. The House approved its version with a bipartisan vote of 294 - 134 in July 2025, while a Senate committee developed separate provisions that needed to be reconciled before final approval.
The House of Representatives has only one week in September
The House Republican leadership has canceled votes for the weeks of September 21 and September 28. The House will return on September 14 for four days of work before leaving Washington until after the midterm elections. This makes it extremely unlikely that the CLARITY Act will pass before the midterm elections-Alex Thorn (@intangiblecoins), September 3, 2026
In addition, the committee vote exposed political divisions, and the Senate Agriculture Committee narrowly advanced its proposal with a 12 - 11 partisan line.
In a recent interview with Fox News, Securities and Exchange Commission Chairman Paul Atkins pointed out that the proposal is the most important step in consolidating the United States 'status as the world's crypto capital. He urged Congress to approve the legislation and send it to the president for signature. Any amendment adopted by the Senate would require a second vote in the House before the measure could reach Trump's desk.
So if the Senate passes the bill in September, legislation will await House action until lawmakers return after the election. The canceled session pushed the bill's approval window to November, when Congress's priorities could change significantly.
