Senator Lummis states that the Clarity Act incorporated new rules on crypto market manipulation and pump-and-dump schemes requested by Democrats, provisions missing from the original House bill. The Digital Asset Market Clarity Act passed the House in 2025 but failed a Senate cloture vote 49-50 in September 2026, with all Democrats opposing advancement over ethics concerns involving officials' crypto holdings. Lummis has repeatedly highlighted multiple Democratic demands met in negotiations—including CFTC funding and anti-evasion language—yet the bill ultimately stalled amid partisan disagreements on regulation and enforcement.
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