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Senate Rejects Digital Asset Market Clarity Act in Cloture Vote

By Drooid · Sep 16, 2026, 5:58 AM UTC · How we work

Left

Trump crypto profit

The U.S. Senate rejected the Digital Asset Market Clarity Act on September 15, 2026, after missing the 60-vote cloture threshold.
Lawmakers warned the bill would let President Donald Trump profit billions from crypto while deepening an affordability crisis for American families.
Senator Elizabeth Warren said the measure threatened families, national security and the economy.
Community banks opposed stablecoin reward provisions, fearing deposit loss for farmers and small businesses.

Right

Coinbase Shares Plunge

On September 15, 2026, the U.S. Senate failed to advance the Digital Asset Market Clarity Act in a cloture vote.
BlackRock’s head of digital assets said the vote does not alter the firm’s crypto strategy.
Coinbase shares dropped 10 percent after the Senate rejected the bill.
Bitcoin fell up to 5.3 percent, trading below $75,000.
Senators Susan Collins, Josh Hawley and Jerry Moran voted against the measure.

Blindspot

Senator Elizabeth Warren said the bill would let President Donald Trump earn billions from cryptocurrency while posing massive risks to families, national security, and the economy.
Within this story's sources, this angle appears mainly in Left-leaning coverage and receives less attention in Right-leaning coverage.

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Trump crypto profit

The U.S. Senate rejected the Digital Asset Market Clarity Act on September 15, 2026, after missing the 60-vote cloture threshold.
Lawmakers warned the bill would let President Donald Trump profit billions from crypto while deepening an affordability crisis for American families.
Senator Elizabeth Warren said the measure threatened families, national security and the economy.
Community banks opposed stablecoin reward provisions, fearing deposit loss for farmers and small businesses.

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