French Hill Advocates for Bipartisan Support on Clarity Act Ahead of September Vote

U.S. Congressman French Hill has underscored the significance of bipartisan support for the Clarity Act, a proposed legislation designed to create a clear regulatory framework for the cryptocurrency market. Speaking to Fox Business, Hill expressed optimism about narrowing differences between Democrats and Republicans to facilitate the bill's passage before the midterm elections.

The Clarity Act, which aims to delineate the roles of various regulators in overseeing digital assets, was initially passed by the House of Representatives last July with substantial bipartisan backing. However, it has faced delays in the Senate, primarily due to disagreements over ethics provisions and concerns from the banking lobby regarding stablecoin regulations.

Despite the recent cancellation of two weeks of September sessions by the House, which raises concerns about the bill's timely passage, a procedural vote in the Senate is still scheduled for September 15. Hill remains hopeful that lawmakers can work together to ensure the U.S. maintains its leadership in distributed ledger technology and financial services.

As the legislative process unfolds, the outcome of the Senate vote will be critical in determining the future of the Clarity Act and its potential impact on the cryptocurrency industry.

Latest Developments on the CLARITY Act

• House Republicans have canceled votes for the weeks of Sept. 21 and Sept. 28, moving the chamber’s departure to Sept. 17.
• The House is scheduled to return on Sept. 14 for four voting days before adjourning until after the November midterms.
• Senate's first major procedural vote on the CLARITY Act is set for Sept. 15, just two days before the House recess.
• Galaxy Digital's Alex Thorn stated that passage before the midterms is now "extremely unlikely."
• The House previously passed the CLARITY Act with a vote of 294-134 in July 2025.
• Senators may need about a week and a half to work through the required procedures if everything proceeds smoothly.
• Prediction markets show less than a 20% chance that the CLARITY Act will become law by Dec. 31, 2023.
• Post-election lame-duck sessions have historically produced significant legislation, but the political landscape may shift after the November elections.