The Digital Asset Market Clarity Act has little chance of becoming law after Democrats secured both congressional chambers in November 3 midterm elections. The bill passed the House in July 2025 with 294 votes but fell short in September 2026 when a Senate procedural vote reached only 49, needing 60 to move forward. No Democrats supported advancing the measure, citing worries about reduced investor safeguards.
Lawmakers have until January 3, 2027 to act before the current session expires. Prediction markets now give the legislation just a 6% probability of passage before year end. Any future version would need to address Democratic objections about protection standards and potential conflicts with Trump-related crypto ventures.
Read the full story on BSC News: CLARITY Act Faces Steeper Odds After Democrats Win Both Chambers in Midterms
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