senate

The U.S. Senate has officially passed a War Powers Resolution to limit military action against Iran — marking the FIRST time an Iran war powers measure has cleared the Senate. The vote ended 50–47, breaking traditional political lines as pressure intensifies across Washington. ⚠️ Just hours after Donald Trump hinted that new strikes could be coming, senators moved to put the brakes on expanded war powers. Now the fight shifts to the House… and potentially a presidential veto. 👀
#Senate #war #TrumpCrypto #iran #US

⚖️ Regulation: The Clarity Act
The U.S. Senate Banking Committee passed the Clarity Act, a landmark crypto regulation bill. The law is expected to make it easier for banks and financial institutions to adopt blockchain solutions, particularly boosting institutionally-focused tokens like XRP.
#ClarityAct #CryptoRegulation #xrp #Blockchain #Senate #Cryptolaw

Yesterday, May 14, 2026, at the Senate Banking Committee markup hearing — the first of its kind in US history — the Digital Asset Market Clarity Act passed.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act in a bipartisan 15–9 vote Thursday, with Sens. Ruben Gallego (D-Ariz.) and Angela Alsobrooks (D-Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate.
Bitcoin spiked to $82,000 as the crypto industry awaits a final 60-vote Senate floor threshold. The market response to the news was relatively positive, with BTC up 2.8% on the day.
Let's be clear about what happened and what this means.
What the CLARITY Act actually does. The Clarity Act is the Senate's bid to build a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians. A decade of regulatory ambiguity — where nobody knew whether a given token was a security or a commodity, where developers faced legal risk for writing open-source code, where exchanges operated in grey zones — gets replaced by defined legal lanes.
The bipartisan victory is the important part. Going into yesterday, the bill needed all 13 Republican votes and was facing potential defection from Senator John Kennedy. Senator Tim Scott managed a last-moment maneuver to win a bipartisan vote on the Clarity Act. Two Democrats voted in support, though many others are reserving their sentiment until important issues can be worked out — including law enforcement concerns and an ethics provision.
The ethics provision remains unresolved — Democrats want restrictions on government officials profiting from crypto. That fight continues in the full Senate process.
What comes next. The bill now advances alongside a related text from the Senate Agriculture Committee. The two versions must be merged, then the unified bill needs 60 votes on the full Senate floor. The timing for the final vote remains tight. Lawmakers are facing a looming summer recess and an approaching midterm election calendar that could slow down any significant legislative progress. The White House is targeting a pre-July 4 presidential signature.
Citi analysts have tied their $143,000 base-case target for Bitcoin in 2026 directly to CLARITY Act passage, projecting an additional $15 billion in net ETF inflows once the bill clears Congress.
The committee vote is not the finish line. It's the gate that makes the finish line visible. For the first time, US crypto legislation has cleared a Senate committee with bipartisan support. That has never happened before.
#CLARITYAct #Bitcoin #CryptoHistory #Senate #USCrypto