House GOP pushes for Senate approval of CLARITY Act
The House panel urges Senate action to create clear rules for digital assets markets amid ongoing legislative efforts.
Key Takeaways
- The US House Committee on Financial Services has publicly urged the Senate to pass a market structure bill for Bitcoin and other cryptocurrencies.
- The proposed bill aims to establish a clear regulatory framework for digital assets trading and market oversight in the United States.
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The House Financial Services Committee, which oversees banking, securities, and broader financial regulation, has called for Senate approval of the Digital Asset Market Structure Clarity (CLARITY) Act.
In a statement on X on Monday, the committee, led by Republican French Hill, emphasized that the legislation is critical for establishing a federal framework for digital asset markets and ensuring the US maintains its leadership in global digital finance.
The CLARITY Act provides the necessary tools to establish a federal framework for digital asset market structure. It’s critical the Senate passes this bill to ensure the U.S. remains the leader in digital finance. https://t.co/0NRZgz67cl
— Financial Services GOP (@FinancialCmte) September 8, 2025
US House Majority Whip Tom Emmer also urged the Senate to advance two key pieces of legislation, including the CLARITY Act and the Anti-CBDC Surveillance State Act, following the passage of the GENIUS Act, which established federal regulations for dollar-backed stablecoins.
The Minnesota representative stated that clear regulations would protect consumers while preventing the adoption of authoritarian-style digital control systems similar to China’s CBDC model.
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