Senator Kennedy vows CLARITY Act crypto markup vote will proceed on January 16, 2026

On January 6, 2026, Senator John Kennedy said the Senate Banking Committee will hold a markup vote on the CLARITY Act, a crypto market structure bill, on Thursday, January 16, 2026. The legislation, led by Chairman Tim Scott, would define how the SEC and CFTC oversee digital asset markets, but disagreements over DeFi, yield-bearing stablecoins and ethics concerns around Trump-linked crypto ventures still stand in the way. If the Senate fails to advance the bill by the end of January and pass it by April, its prospects of becoming law in 2026 could diminish significantly.