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Aug 8, 2026

Former Defense Secretary Esper Urges Senate to Pass CLARITY Act, Framing Crypto Regulation as National Security Issue

Mark Esper, former U.S. Defense Secretary and Coinbase adviser, called on the Senate to pass the CLARITY Act in a Financial Times op-ed, arguing that digital asset regulation is essential to counter threats from China and North Korea. The appeal comes as Senate Majority Leader John Thune filed a motion to proceed on the bill, setting up a procedural vote for September.

Aug 8, 2026·8 sources
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US Senate advances crypto regulation bill but leaves for recess without vote, dimming passage prospects

Senate Majority Leader John Thune filed a procedural motion to advance the Digital Asset Market Clarity Act on August 8, setting up a potential September 15 vote, but the Senate then departed for August recess without holding the vote, reducing the bill's chances of passing before midterm elections.

Aug 8, 2026·9 sources
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Aug 6, 2026

U.S. Senate Delays Vote on Crypto CLARITY Act Until September After Recess

The U.S. Senate postponed a vote on the Digital Asset Market Clarity Act until September after Democrats withheld consent needed to bring the crypto market structure bill to the floor before the August recess. Senate Majority Leader John Thune filed a motion to proceed, setting up a procedural vote when Congress returns.

Aug 6, 2026·8 sources
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Aug 3, 2026

Senate Crypto CLARITY Act Faces Uncertain Vote as Recess Deadline Approaches

The Senate's cryptocurrency market structure legislation, known as the CLARITY Act, faces a tight timeline for a vote before the August recess, with Senate Majority Leader John Thune indicating an initial vote is expected but the bill reportedly remains seven votes short of the 60 needed for passage. The White House is reviewing the latest draft as bipartisan negotiations intensify.

Aug 3, 2026·9 sources
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Nov 3, 2004

John Thune Defeats Senate Minority Leader Tom Daschle in South Dakota

Republican John Thune unseated Democratic Senate Minority Leader Tom Daschle in South Dakota's Senate race, winning 51 percent to 49 percent. This marks the first time a Senate party leader has been defeated for re-election since 1952.

Nov 3, 2004·1 source
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Top claims

  • ▪Critics, including Senator Elizabeth Warren and the National Sheriffs' Association, have expressed concern that the CLARITY Act's regulatory exemptions could weaken illicit finance enforcement and national security.
  • ▪Senate negotiations on the CLARITY Act remain stalled over unresolved disputes regarding stablecoin yield provisions, decentralized finance (DeFi) rules, and ethics language governing Donald Trump's cryptocurrency holdings.
  • ▪The CLARITY Act proposes to amend 31 U.S.C. 5318A to expand the Treasury Department's Section 311 Patriot Act special-measures authority to cover digital asset transfers linked to foreign money laundering concerns.

Topics

Crypto lobbyingCrypto regulationChina-United States relationsU.S. AI regulation
U.S. domestic politics
Crypto regulatory frameworks
Crypto market structure
Democratic Party
Elections
Republican Party

Related entities

ChinaNorth KoreaUnited States

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