Report: Reform UK plans £100M yearly tax cut for crypto investors
Reform UK's proposed tax cuts for crypto investors could save high-rate payers over £100M annually, according to reports. The plan follows £72M donations from…
Seven Senate Democrats blocked CLARITY Act cloture; Lummis says bill is dead, but Democrats vow to continue working.
According to the Senate's official tally, seven Democratic senators opposed the September 15 cloture motion for the Digital Asset Market Clarity (CLARITY) Act. Before the vote, lead sponsor Senator Cynthia Lummis warned that if it did not pass at the first try, the effort would be over, using the phrase 'done.'
A day later, the same seven lawmakers affirmed their dedication to seeing the legislation enacted.
Senate Roll Call Vote 234, conducted at 2:19 p.m. Eastern Time on September 15, names each of the seven senators who voted against the cloture motion. This procedural step required 60 votes to proceed with debate but received only 49 in favor.
The bill's chief proponent, Senator Cynthia Lummis (R-Wyo.), had earlier cautioned that a defeat would mark the end, informing the press: "I think we're done. It's over."
Sen. Cynthia Lummis (R-Wyo.) tells a large gaggle of reporters that if the Clarity cloture vote fails today, "I think we're done. It's over. Because we've been working on this bill for over a year, and we've given them over 120 of their requests. That's enough."
— Brendan Pedersen (@BrendanPedersen) September 15, 2026
The day after the vote, the same seven senators released a joint statement that conveyed a different message.
"We remain committed to working in a bipartisan fashion to get this legislation passed."
Seven Democratic senators release a statement saying they "remain committed" to enacting the Clarity Act – Gillibrand, Alsobrooks, Booker, Cortez Masto, Warner, Warnock pic.twitter.com/t8p8NOo5nJ
— Brendan Pedersen (@BrendanPedersen) September 17, 2026
This statement does not represent an initial change of position. Six of the seven senators, along with Senator John Hickenlooper (D-Colo.) substituting for Gillibrand, released nearly identical language in July. They had characterized an earlier Republican version as lacking in ethics and consumer protections while vowing to continue negotiations.
The same pattern persists: voting against the current bill on the floor while publicly leaving room for a revised one.
Republicans dismiss this framing. House Majority Whip Tom Emmer accused the bloc of saying one thing publicly and voting another way, referencing Gillibrand's remarks at a Digital Chamber event in March, where she expressed a desire for the United States to be a leader in the sector.
Whether the CLARITY Act is finished or only on hold now depends on which interpretation prevails. Republicans hold the power over the Senate schedule and have yet to set another vote.
The seven Democratic senators have presented neither a revised version nor a timetable, simply recycling language they have previously employed, thus leaving the legislation's outcome unchanged from where the Tuesday vote placed it.
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