The CLARITY Act (Digital Asset Market Clarity Act) failed to pass cloture and won’t be taken up on the Senate floor. This is very, very good news. Despite attempts until the last minute by New York Senator Kirsten Gillibrand—a Democrat who is closely associated with the crypto lobby—not a single one of her colleagues came over to her side. So even she voted “no” to advance the bill. This likely means CLARITY is dead for the foreseeable future. But it doesn’t mean it’s gone. This is a victory for the banking industry and a huge blow to the Trump family who were banking (pun intended) on this bill setting up World Liberty Financial to be one of the wealthiest stablecoin firms in the world.

Resources

Politico: Gillibrand privately urges Dems to advance crypto bill

CNBC: Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes

ABA Banking Journal: ABA, banking groups warn revised Clarity Act fails to protect community banks

Unchained: Banking Groups Push Senate to Tighten CLARITY Act Stablecoin Rules, Warning of Deposit Flight

decrypt: Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise

UNFTR Resources

Video: The CLARITY Act is DEAD: Why Trump’s Crypto Scheme Failed.

Essay: The CLARITY Act is Dead (For Now).

Episode: Trump is Looting the Treasury.

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Intro music by Hold Fast.

The CLARITY Act (Digital Asset Market Clarity Act) failed to pass cloture and won&rsquo;t be taken up on the Senate floor. This is very, very good news. Despite attempts until the last minute by New York Senator Kirsten Gillibrand&mdash;a Democrat who is closely associated with the crypto lobby&mdash;not a single one of her colleagues came over to her side. So even she voted &ldquo;no&rdquo; to advance the bill. This likely means CLARITY is dead for the foreseeable future. But it doesn&rsquo;t mean it&rsquo;s gone. This is a victory for the banking industry and a huge blow to the Trump family who were banking (pun intended) on this bill setting up World Liberty Financial to be one of the wealthiest stablecoin firms in the world.
Resources
Politico: <a href="https://www.politico.com/live-updates/2026/09/14/congress/gillibrand-privately-urges-dems-to-advance-crypto-bill-01075514">Gillibrand privately urges Dems to advance crypto bill</a>
CNBC: <a href="https://www.cnbc.com/2026/09/14/clarity-act-senate-vote-crypto-regulation.html">Trump agrees to ethics requirements in crypto Clarity Act as GOP seeks Democratic votes</a>
ABA Banking Journal: <a href="https://bankingjournal.aba.com/2026/09/aba-banking-groups-warn-revised-clarity-act-fails-to-protect-community-banks/">ABA, banking groups warn revised Clarity Act fails to protect community banks</a>
Unchained: <a href="https://unchainedcrypto.com/banking-groups-push-senate-to-tighten-clarity-act-stablecoin-rules-warning-of-deposit-flight/">Banking Groups Push Senate to Tighten CLARITY Act Stablecoin Rules, Warning of Deposit Flight</a>
decrypt: <a href="https://finance.yahoo.com/markets/crypto/articles/tether-reports-1-5b-q2-171049071.html">Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise</a>
UNFTR Resources
Video: <a href="https://youtu.be/NYUJoxS0uOQ">The CLARITY Act is DEAD: Why Trump&rsquo;s Crypto Scheme Failed</a>.
Essay: <a href="https://www.unftr.com/blog/the-clarity-act-is-dead-for-now">The CLARITY Act is Dead (For Now).</a>
Episode: <a href="https://www.unftr.com/episodes/unftr163">Trump is Looting the Treasury</a>.
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If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: <a href="https://unftr.com/rate">unftr.com/rate</a> and follow us on <a href="https://www.facebook.com/Unfucking-The-Republic-102319714930389">Facebook</a>, <a href="https://bsky.app/profile/unftr.com">Bluesky</a>,&nbsp;and <a href="https://www.instagram.com/unftrpod/">Instagram</a> at @UNFTRpod. Visit us online at <a href="https://www.unftr.com/">unftr.com</a>.
Become a member at <a href="https://www.unftr.com/memberships">unftr.com/memberships</a>.
Buy yourself some Unf*cking Coffee at <a href="https://shop.unftr.com/">shop.unftr.com</a>.
Visit our bookshop.org page at <a href="https://bookshop.org/shop/UNFTRpod">bookshop.org/shop/UNFTRpod</a> to find the full UNFTR book list, and find book recommendations from our Unf*ckers at <a href="https://bookshop.org/lists/unf-cker-book-recommendations">bookshop.org/lists/unf-cker-book-recommendations</a>.
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Intro music by <a href="https://www.facebook.com/HoldFastHarrisburg/">Hold Fast</a>.

Unf*cking The Republic® (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.

Unf*cking The Republic&reg; (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.