Senate Banking Committee Advances CLARITY Act in 15-9 Vote on May 14, 2026

On May 14, 2026, the U.S. Senate Banking Committee voted 15-9 to advance the Senate version of the CLARITY Act, sending the crypto market-structure bill toward a full Senate vote. The proposal would split oversight of digital assets between the SEC and CFTC and set federal rules for trading platforms, DeFi projects, and token issuers. More than 100 amendments were filed ahead of the vote, and a failed 13-11 ethics amendment highlighted ongoing disputes that could resurface on the Senate floor.