U.S. House Committee on Financial Services Chairman French Hill and House Committee on Agriculture Chairman Glenn Thompson issued a joint statement after the U.S. Senate Banking Committee advanced the CLARITY Act out of committee. They presented the move as another step toward a federal digital asset market structure framework, saying the bill would give the digital asset sector clearer rules and stronger consumer protections. The statement pointed to the House's July 2025 passage of the CLARITY Act with support from 78 Democrats and 216 Republicans, and noted that the Senate Agriculture Committee had advanced digital asset market structure legislation on January 29, 2026. The chairs said they will continue working with the Senate Banking and Agriculture committees to finalize the bill, move it to the Senate floor, and seek enactment.
U.S. Financial Services Committee 2026-05-14
U.S. House Committee on Financial Services and House Agriculture Committee welcome Senate Banking Committee advance of the CLARITY Act
The U.S. House Financial Services and Agriculture Committee chairs welcomed the Senate Banking Committee’s advancement of the CLARITY Act, framing it as progress toward a federal digital asset market structure framework with clearer rules and stronger consumer protections. They highlighted prior House passage of the CLARITY Act and Senate Agriculture Committee action on related legislation, and said they will work with Senate committees to finalize the bill and move it to the floor.