Bankless · Friday, July 24, 2026
While ethics have been a major sticking point for the Clarity Act, some Democrats are signaling that other issues, such as consumer protection, illicit finance, and market integrity, also need to be addressed. A contingent of lawmakers reportedly wants to block the bill entirely.
“The there are seven Democrats that are saying that it falls short and they're they're pointing to ethics. But they're also mumbling about things like consumer protection isn't quite covered under clarity. Illicit finance. That's like AML KYC stuff. Market integrity. They even mentioned generally other conflicts of interest. So there's a sort of not just ethics. I mean, that's kind of what they're saying.”
“And we've long known that the left on kind of Democratic side wants to kill the deal entirely. Right. Like Elizabeth Warren doesn't want any form of this actually passing in any recognizable form. And so there is a group of contingent that wants to kill it as well.”