The Senate holds a cloture vote on September 15 on the Clarity bill

The next Senate step on Clarity is a 60-vote cloture test on September 15 at 2:15 p.m. ET. That is not final passage. Treasury already published the GENIUS stablecoin proposal; comments close October 19.

By BLAKE / 2 sources / Published August 29, 2026 / Updated October 20, 2026

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Treasury Just Drew a Line Around Digital Dollars — Who Gets to Control Them?
Walkthrough of the filing: unlawful issuance can mean up to $1 million and up to 5 years. Frames safer money versus a small group of licensed giants. The comment section is the concentration argument, not a green candle.
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CRYPTO STABLECOIN BOMBSHELL: Clarity Act deal falling apart?
The quiet part: it looks like we are getting yield on stablecoins, but not the way most of you want it. The statute bars issuer-paid interest. Intermediary yield is the leftover fight sitting on top of GENIUS. Not a price call.
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Treasury Just Drew a Line Around Digital Dollars — Who Gets to Control Them?

CRYPTO STABLECOIN BOMBSHELL: Clarity Act deal falling apart?

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