Economic Times
Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?
The CLARITY Act markup vote is finally here — and the crypto world is watching every move. On May 14, 2026, at 10:30 a.m. ET, the Senate Banking Committee convenes in Room 538 of the Dirksen Senate Office Building for a long-awaited committee markup of the Digital Asset Market CLARITY Act. This is not a final passage vote.
More than 100 filed amendments are on the table. The committee splits 13 Republicans to 11 Democrats. The single most watched variable is Senator John Kennedy of Louisiana, whose commitment to the bill remains the open question Chairman Tim Scott has been quietly working to close. If Kennedy falls in line, the CLARITY Act markup advances. If he wavers, the schedule breaks.
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Why the CLARITY Act Matters More Than Any Previous Crypto Bill
The CLARITY Act crypto legislation attempts to solve a problem that has crippled the digital asset industry for years: the jurisdictional war between the SEC and the CFTC. Both agencies have claimed authority over different slices of the crypto market without a clean statutory line separating them.
The result has been regulation by enforcement — companies operating in legal ambiguity, waiting for lawsuits to define the rules they are supposed to follow. Founders have left the United States. Capital has moved offshore. Compliance costs have ballooned without producing clarity.
The CLARITY Act draws that line in statute. It establishes which digital assets qualify as commodities, which qualify as securities, and what legal protections developers, custodians, and self-custodians can actually rely on.
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