Senate | Crypto

“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine. The United States Senate has voted to advance a resolution that could force US President Donald Trump to seek congressional authorization to continue the country's war with Iran. The vote on a procedural war-powers measure on Tuesday passed by 50 to 47, with four Republicans also voting in favor, according to Reuters.  Policymakers have been arguing that Congress, not the president, should have the power to send troops to war, as spelled out in the US Constitution.  Read more

Ripple CTO Donates XRP to John Deaton Senate Campaign The post XRP News: Ripple CTO Backs John Deaton’s Senate Bid with XRP Donation appeared first on Cryptonews.

While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted. The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday. Now, the bill, for which the crypto industry has heavily lobbied since it was introduced in 2025, will head to the Senate floor for a broader debate.  As Cointelegraph reported, over 100 amendments were proposed while lawmakers hashed out the exact language of the bill. These covered a wide range of issues, including ethics, AI sandboxes and stablecoin yields. Read more

XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.

Inside a packed Senate hearing room on May 14, the air was heavy with the tension of a high-stakes jurisdictional brawl on the CLARITY Act. What was intended to be a routine legislative markup became a grueling “tick-tock” of procedural maneuvering, personal barbs, and a desperate search for a bipartisan middle ground. Ultimately, the bill […] The post How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down appeared first on CryptoSlate.

After a bipartisan approval in the Senate Banking Committee, the crypto market structure bill now advances to a final overhaul aimed at Senate and House passage.

Bitcoin surged back above $81,000 after the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, clearing a major hurdle for the most comprehensive crypto regulation bill in US history. On May 14, the panel approved the legislation on bipartisan lines, sending the legislation to the full Senate floor. The successful markup […] The post Bitcoin rips as CLARITY Act clears major Senate Committee hurdle, advances to the full Senate floor appeared first on CryptoSlate.

The US Senate voted largely along partisan lines to confirm Kevin Warsh as a member of the Fed's Board of Governors, despite many Democrats’ concerns about the central bank’s independence. The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 vote in the US Senate on Tuesday, lawmakers sided on party lines, with the exception of Democratic Senator John Fetterman, to approve President Donald Trump’s nominee. The chamber immediately followed by approving a motion to invoke cloture on a vote for Warsh as the next Fed chair, setting up a potential vote soon. Source: US Senate Read more

Some lawmakers continue to push for ethics provision in the bill as bipartisan support is necessary for the CLARITY Act to pass a Senate floor vote. The recently released text of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee is raising some eyebrows among experts before a scheduled Thursday markup for provisions on housing and the lack of ethics language. On Monday, three Republican lawmakers unveiled the text of the bill lawmakers will use to consider advancing crypto market structure legislation in the banking committee. It followed drafts released in July and September 2025, building upon discussions between crypto and banking industry representatives over stablecoin yield. Text of CLARITY Act. Source: US Senate Banking Committee Read more

The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.

The Senate Banking Committee plans to mark up the CLARITY Act on May 14, giving the stalled crypto-market-structure bill its clearest path this year toward a committee vote. The hearing would move one of Congress’s most closely watched digital-asset bills from private negotiations into a public amendment process, where lawmakers are expected to test whether […] The post Bankers are scrambling as Senate schedules CLARITY Act markup for May 14 appeared first on CryptoSlate.

The crypto market structure Clarity Act needs to get to its next step, a Senate hearing, this month to have a reasonable chance, Garlinghouse said.

The US Senate unanimously passed a rule banning members and staff from prediction markets, with a similar resolution set to be introduced in the House. The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets. The resolution, passed by unanimous consent, changed the Senate's rules and took immediate effect.  “Engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates the confidence that our constituents have in us,” Republican Senator Bernie Moreno, who introduced the resolution, said on the Senate floor. Read more

After reporting more than $1.7 million to election officials, a crypto-aligned political action committee has reportedly backed out of advertising for a Texas Senate candidate. The Fellowship political action committee (PAC), which launched claiming to have more than $100 million from crypto-aligned backers, has reportedly backed out of an advertising deal to support Texas Attorney General Ken Paxton in a crucial US Senate race. According to a Thursday report from Axios, Republican leaders contacted US Commerce Secretary Howard Lutnick on his connections to Fellowship, which has been partially funded by Cantor Fitzgerald. Lutnick, as the former president and CEO and whose sons are now in charge of the financial services company, reportedly faced questioning from Republicans about Fellowship’s support of Paxton, whom on Tuesday the PAC reported spending $1.75 million in supportive advertising. Read more

A recent American Bankers Association (ABA) ad running across Washington shows a clear edge in a campaign that has been running for months. The ad reads: “Protect local lending while embracing innovation. Tell Senators to close the stablecoin loophole.” ABA's advertising archive documents Politico Morning Money placements during the week of Mar. 9, urging senators […] The post Banks fund crypto attack ads across Washington as over 3,000 banks unite to stop Clarity Act passing Senate appeared first on CryptoSlate.

The US Senate’s most significant effort to establish a comprehensive federal framework for digital asset markets, the CLARITY Act, is in imminent danger of slipping into May. Amid fierce pressure from traditional financial institutions, Senator Thom Tillis (R-NC) is actively pressing Senate Banking Committee leadership to delay advancing the CLARITY Act. The delay turns what […] The post Banks lobbying efforts seek to ‘kill’ CLARITY Act before US Senate election window closes appeared first on CryptoSlate.

White House study sharpens CLARITY’s core fight as Senate execution remains the real test A recent White House economic study has changed the focus of Washington’s debate over the CLARITY Act. The report addresses the main issue slowing the bill in the Senate: whether limiting stablecoin yields actually protects the banking system. The study’s findings are […] The post White House exposes stablecoin yield ban wouldn’t help banks, raising the stakes for CLARITY in the Senate appeared first on CryptoSlate.

A coordinated push to enact the CLARITY Act is colliding with a rapidly closing legislative window, prompting warnings from industry advocates that a failure to pass the bill this spring could stall crypto developments until the end of the decade. With the November 2026 midterms looming, the legislative calendar is shrinking, and the complex jurisdictional […] The post CLARITY Act faces a 2 week deadline as Senate gridlock and bank pressure threaten freeze out until 2030 appeared first on CryptoSlate.

The Trump administration and the broader crypto industry have initiated an unprecedented, multi-agency pressure campaign aimed at forcing the Senate to pass the Digital Asset Market Clarity Act, signaling a decisive final push to overhaul the regulatory framework of the $2.4 trillion cryptocurrency market before the 2026 midterm elections. In a highly synchronized effort this […] The post CLARITY Act faces White House blitz as Treasury and SEC flood Senate with coordinated pressure this week appeared first on CryptoSlate.

XRP Price Outlook: Senate Clarity Act Timeline April The post Senate Has 3 Weeks to Pass the CLARITY Act: Most Important Month in Ripple XRP History? appeared first on Cryptonews.