🇺🇸 September 15 is the first real Senate test of the CLARITY Act. House already passed it last summer 294–134 — including 78 Democrats. Rep. French Hill is now calling on the Senate to move. What the bill actually does: it draws a statutory line between SEC and CFTC jurisdiction. Most spot crypto would be treated as digital commodities under the CFTC instead of living in years of regulation-by-enforcement. Important detail most headlines skip: Sept 15 is a 60-vote cloture vote just to start debate — not final passage. Republicans hold 53 seats, so the math still depends on Democratic votes. Ethics language and stablecoin yield remain the main sticking points. If cloture fails, the 2026 window likely closes. If it clears, the U.S. finally starts writing the rules instead of litigating them. Mark the date.