200+ Organizations Demand Senate CLARITY Act Floor Vote as August Deadline Looms

A coalition of more than 200 organizations including Coinbase and Ripple pressed Senate leaders on June 9 for an immediate CLARITY Act floor vote, escalating industry pressure after the bill cleared the Senate Banking Committee 15-9 on May 14. Sen. Lummis has targeted passage by August recess, but faces hurdles including Agriculture Committee coordination, a 60-vote filibuster threshold, and Democratic opposition — highlighted by senators blocking crypto in 401(k) plans on June 3. Parallel momentum includes senators urging removal of the 1,250% Basel risk weight on Bitcoin, state-level advances in Minnesota and South Carolina, and Mastercard securing a New York BitLicense, painting a broad but contested regulatory landscape.