WASHINGTON, Sept. 15 -- Sen. Dave McCormick issued the following press release:
Today, the Senate failed to advance the CLARITY Act after a procedural vote fell short of the 60 votes needed (49-50). Following the vote, Senator Dave McCormick (R-PA) released the following statement (https://x.com/SenMcCormickPA/status/2099943019839738183?s=20):
"Today, Senate Democrats blocked the vote to advance the CLARITY Act. I'm deeply disappointed at this outcome. For more than a year, Republicans and Democrats worked together in good faith to develop a clear, responsible regulatory framework for digital assets. The legislation before the Senate today incorporated substantive changes requested by Democrats, real concessions designed to address concer...