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Senate Committee Advances CLARITY Act With 15-9 Vote as 52% of Voters Support Crypto Bill

GateNews
Regulation & Policy
The Senate Banking Committee advanced the Digital Asset Market Clarity Act (CLARITY Act) on May 14, 2026 with a 15-9 bipartisan vote, marking significant progress on federal crypto rules. Support for the bill has broadened beyond the crypto industry, with a Harris poll finding 52% voter support and 70% backing the need for U.S. crypto legislation. More than 160 national security veterans, AARP, Andreessen Horowitz's crypto arm, and Ripple have also backed the measure. Senator Cynthia Lummis warned on June 5 that "If we don't pass the CLARITY Act this Congress, we are handing the future of digital finance to jurisdictions that do not share our values." The bill must still clear the full Senate before final passage.
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