LIVE: Clarity Act Markup Session

Summary

The Senate Banking Committee held an executive session to mark up the Digital Asset Market Clarity Act of 2025. The bill aims to create a regulatory framework for digital assets, covering consumer protection, innovation, and national security. After debating and voting on numerous amendments along party lines, the committee advanced the bill to the full Senate by a 15-9 vote.

• Committee markup of the Digital Asset Market Clarity Act of 2025.
• Bipartisan negotiations led to some amendments but votes remained largely partisan.
• Amendments addressed AI sandboxes, portfolio margining, DeFi regulation, and anti-money laundering.
• Democrats raised concerns about insufficient consumer protections, national security risks, and ethics.
• The bill was reported out of committee with a 15-9 vote advancing to the full Senate.