Cynthia Lummis Says CLARITY Act Could Reach Senate Floor Before August Recess

Highlights:

• Cynthia Lummis says the CLARITY Act is ready and could reach the Senate floor before August.
• Senate Majority Leader John Thune will decide timing as other major bills compete for limited floor time.
• The bill aims to clarify SEC and CFTC roles while strengthening consumer protections and financial crime enforcement.

U.S. Senator Cynthia Lummis says the CLARITY Act is ready for introduction and could reach the Senate floor before lawmakers leave Washington for the August recess. However, the final voting schedule will depend on Senate Majority Leader John Thune and other bills competing for floor time.

Lummis discussed the legislation during a July 14 interview on Fox Business’ Mornings with Maria. She said lawmakers had worked “virtually every day for the last 10 months” to prepare the bill and expected to introduce it within the next few days.

🇺🇸NEW: SEN. LUMMIS CONFIRMS CLARITY ACT IS SET FOR THE SENATE FLOOR

"We are READY, it has taken us everyday in the past 10 months to get this bill"

"We will be introducing the bill in the next few days. We are in session for FOUR straight weeks"

"Its time to LAND this plane" pic.twitter.com/zWC6mNewkc

— Coin Bureau (@coinbureau) July 15, 2026

CLARITY Act Could Reach Senate Floor in Late July

Lummis said she expects the bill could come to the Senate floor during the week of July 20. Still, she stopped short of confirming that date. Thune will decide when the Senate considers the legislation during its four-week working period before the August break.

The Senate also has other major business to address, including the National Defense Authorization Act and the SAVE America Act. As a result, the CLARITY Act must compete with several political priorities for limited debate and voting time.

Lummis stressed that passing the bill before the recess would give crypto companies more confidence to remain and operate in the United States. She said the proposal aims to support the digital asset industry while helping law enforcement prevent illicit finance and improving consumer protections.

Bill Seeks Clearer Rules for U.S. Crypto Markets

The CLARITY Act is designed to create a federal regulatory framework for cryptocurrencies and other digital assets. One of its main goals is to draw a clearer line between the responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The Senate Banking Committee advanced H.R. 3633, the Digital Asset Market Clarity Act of 2025, in a 15-9 bipartisan vote on May 14. Committee leaders said the proposal would introduce clearer disclosures, stronger anti-fraud protections and additional tools for tackling money laundering and sanctions evasion.

A Senate floor date has not yet been confirmed. Even if Thune schedules the bill during the week of July 20, senators will still need enough support to approve it. Any changes made by the Senate may also require further action in the House before the legislation can reach the president.

Trump and Warren Add Pressure Around the CLARITY Act

The push for Senate action has drawn attention from President Donald Trump and Senator Elizabeth Warren. In a July 13 Truth Social post, Trump urged senators to pass the CLARITY Act and argued that the United States must stay ahead of China in crypto and artificial intelligence.

🚨NEW: President Trump says the Senate should pass the Clarity Act in honor of Senator Lindsey Graham, saying the late South Carolina Republican was a “big supporter” of the legislation. https://t.co/M6ERKHuGNR

— Eleanor Terrett (@EleanorTerrett) July 13, 2026

Warren, however, asked Senate leaders to add strict ethics rules to the bill. She said presidents, senior officials, lawmakers and their families should not profit from crypto while helping shape industry regulations. Her request could widen the Senate debate beyond market oversight to include conflicts of interest, national security and consumer protection concerns.