Treasury Secretary Urges Senate to Prioritize Clarity Act

The Treasury Secretary is reported to have urged the U.S. Senate to prioritize the Clarity Act, the crypto market-structure bill the House passed in July 2025, as digital-asset legislation awaits its next move in the upper chamber. The specific appeal has not been independently verified.

What the Treasury Secretary is asking the Senate to prioritize

According to unconfirmed reports, the Treasury Secretary urged the Senate to prioritize the Clarity Act for crypto regulation. No readable statement, date, venue, or original wording confirming that appeal could be located, so the specific request remains unverified. For related coverage, see Bessent Urges Senate to Pass Crypto Clarity Act.

The call, as framed, asks the Senate to move on legislation that has already cleared the House but has no confirmed floor schedule in the upper chamber. Coinlive has covered earlier reporting that Treasury Secretary Bessent pressed the Senate on the Clarity Act, and separately that he urged Congress to pass crypto market-structure legislation.

Clarity Act and the crypto regulation debate

The bill at the center of the debate is H.R. 3633, which its House-engrossed text identifies as the Digital Asset Market Clarity Act of 2025, or CLARITY Act of 2025, per the official House-engrossed record. That same record shows the House of Representatives passed the measure on July 17, 2025, which does not establish any subsequent Senate action or enactment. For related coverage, see Senator Warren urges Treasury Secretary Janet Yellen to battle crypto threats.

The engrossed text proposes a digital-commodity framework splitting oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission, with Titles III and IV addressing intermediary registration at the two agencies. These are provisions of that House version, not current law. For related coverage, see Ripple CEO Urges Action on US Stablecoin Regulation.

Section 109 would shield certain non-controlling blockchain developers and service providers from money-transmitter treatment solely for specified software, self-custody support, or infrastructure activities, while preserving treatment based on conduct outside those activities. Sections 309 and 409 propose exclusions for specified decentralized-finance activities, while expressly preserving SEC anti-fraud and anti-manipulation authority and CFTC anti-fraud, anti-manipulation, and false-reporting enforcement authority. For related coverage, see Treasury Bond Buyback: Up to $6 Billion on Sept. 10.

Industry response to the bill predates the reported Treasury appeal. In a July 14, 2025 statement, Coin Center’s Peter Van Valkenburgh said the group supported CLARITY’s passage and welcomed Section 109, while flagging reservations about recent changes to the DeFi exclusions.

“We are especially encouraged by the inclusion of Whip Emmer and Rep. Torres’ Blockchain Regulatory Certainty Act in Section 109.” — Peter Van Valkenburgh, Coin Center, July 14, 2025

What to watch next in the Senate

Current Senate status is not established in the verified record. The document confirming the bill’s provisions is the House-engrossed July 2025 version, not proof of the legislative position as of September 2026, and no committee action, amendment, floor schedule, or Senate response has been verified.

Readers tracking the story should watch for a confirmed Treasury statement with a date and venue, and for any official Senate calendar action on the measure. The broader push for U.S. crypto rules also runs alongside separate efforts such as calls for action on stablecoin regulation. Until a credible account confirms the specific appeal, the Treasury Secretary’s reported call should be treated as unverified.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.