Sen. John Kennedy will vote yes on the Digital Asset Market CLARITY Act in Thursday’s Senate Banking Committee markup, blocking Republican support that ends the crypto market bill regardless of how Democrats vote.
The Louisiana Republican is said to have struck an agreement with Chairman Tim Scott to increase fiduciary work arrangements for people working in the crypto industry and connect Sen. Elizabeth Warren’s Build Now Act housing bill on the package.
Bipartisan Deal Flips CLARITY Act Committee Math
The Senate Banking Committee is divided 13 Republicans to 11 Democrats. Every GOP vote was needed to advance the bill, and Kennedy was the only one who stood up during Thursday’s session.
President Scott produced a 309-page legal document Tuesday after months of discussion on stablecoin yield rules. The bill passed the House 294 to 134 in July 2025 but stalled in the Senate amid debate.
White House crypto director David Sacks framed the announcement as a major victory for US competition and thanked Senate staff for supporting the release.
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Updates and DeFi Pushback Loom
Members of the Banking Senate he made more than 100 changes Before the end of Wednesday. Sens. Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Warren and Jack Reed are pushing a view that the DeFi Education Fund describes as anti-DeFi.
The changes focus on the Blockchain Regulatory Certainty Act, protection for unregulated developers, the front-end of DeFi and tokenization.
Kennedy said he would listen to the Democratic amendment but signed that the morals code could not form a committee.
Polymarket sellers are now priced 2026 bill rate at 73%and recent polls show many voters backing away.
A winning committee vote sends the legislation to the Senate before Memorial Day ends.
A note Sen. Kennedy’s CLARITY Act Vote Blocked in Senate Banking Committee appeared for the first time BeInCrypto.
