Sen. Cynthia Lummis posted that Democrats proposed disclosure rules for major crypto holders' stakes and sales to the SEC and public in the Clarity Act, yet opposed the bill containing those provisions. The Digital Asset Market Clarity Act clarifies U.S. crypto regulation by assigning roles between the SEC and CFTC, includes ethics language for officials, and followed over a year of negotiations with some Democratic input. Senate Democrats have conditioned support on stronger ethics guardrails, consumer protections, and illicit finance measures, with the bill needing 60 votes and facing hurdles despite committee advances.