Summary
- Senate Democrats said they are discussing a separate amendment to respond to the Republican final draft ahead of a procedural vote on the CLARITY Act.
- Republicans released new legislative text that reflected many Democratic demands and called it their "last, best and final offer."
- As Democrats prepare a separate amendment and negotiations between the two parties continue, the Senate is set to hold a procedural vote on September 15 on whether to begin formal consideration of the CLARITY Act.
Forecast Trend Report by Period
Senate Democrats are discussing a separate amendment to respond to the final CLARITY Act proposal unveiled by Republicans ahead of a key procedural vote on the bill.
Eleanor Terrett, host of Crypto in America, said Democratic senators plan to meet on September 14 to coordinate their strategy on the CLARITY Act and a counterproposal to the Republican measure.
Republicans released revised legislative text late the previous night that incorporated many Democratic demands, calling it their "last, best and final offer."
But Democrats' preparations for a separate amendment raise the prospect that bipartisan negotiations will continue until just before the vote.
The Senate is scheduled to hold a procedural vote at 2:15 p.m. on September 15 on whether to begin formal consideration of the CLARITY Act.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.