The Senate Agriculture Committee advanced its portion of the CLARITY Act on a narrow 12–11 party-line vote, underscoring the fragile political path facing the crypto market structure bill.
All Republicans on the committee backed the measure on Wednesday, while every Democrat voted against it, despite committee chair John Boozman citing months of bipartisan discussions.
Today’s vote covered only the committee’s jurisdiction over digital assets treated as commodities and the role of the Commodity Futures Trading Commission, leaving major sections unresolved.
Key provisions governing the Securities and Exchange Commission, token disclosures, stablecoins and decentralised finance must still be approved by other Senate committees.
The lack of any Democratic support is a major warning sign, as the bill will require at least 60 votes to pass the Senate, well beyond what Republicans can deliver alone.
Attention now shifts to the Senate Banking Committee, where the most contentious issues are concentrated and where previous negotiations have already broken down.
While the Agriculture Committee vote keeps the CLARITY Act alive procedurally, its party-line passage highlights how easily the legislation could stall without meaningful bipartisan compromise.