The CLARITY Act faces another hurdle ahead of Tuesday’s Senate procedural vote. A coalition of 18 state attorneys general is pushing back over federal preemption and potential limits on state enforcement authority. Meanwhile, banking groups are seeking tighter restrictions on stablecoin rewards. The revised bill includes new ethics rules, state enforcement language, and a stablecoin-rewards circuit breaker, but unresolved issues remain. The Senate needs 60 votes to advance the bill.
