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Rounds Warns Bipartisan Crypto Bill Likely Fails Next Week

9/9/2026

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Summary

Story summary

Sen. Mike Rounds (R-South Dakota) warns the bipartisan crypto regulatory bill will likely fail next week.
Democratic aides say the bill lacks progress on the ethics provision governing the president and his family.
U.S. President Donald Trump is unequivocal that Congress must pass the CLARITY Act, according to a White House spokesperson.
A failed vote could prompt the crypto industry to spend money in key Senate and House races.

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Story summary

Sen. Mike Rounds (R-South Dakota) warns the bipartisan crypto regulatory bill will likely fail next week.
Democratic aides say the bill lacks progress on the ethics provision governing the president and his family.
U.S. President Donald Trump is unequivocal that Congress must pass the CLARITY Act, according to a White House spokesperson.
A failed vote could prompt the crypto industry to spend money in key Senate and House races.