Majority Leader Thune files cloture on Clarity Act, setting up Sept. 15 Senate vote

60-second summary
Majority Leader Thune files cloture on the Clarity Act, setting up a pivotal Senate vote on Tuesday, September 15, when the chamber returns. A minimum of seven non-Republican senators must support the motion, which could potentially sway the outcome. The vote's success will significantly impact the bill's fate, with implications for the crypto industry's regulatory landscape.
The Senate is set to vote on the motion on Tuesday, Sept. 15, the day after the body returns, though at least seven non-Republicans will need to support it.