CLARITY Act Hits Senate Wall as Crypto Lobbying Spending Drops

Key Insights: The CLARITY Act stalled after a 49–50 Senate vote, short of the 60 votes required. Coinbase and major crypto groups cut Q3 lobbying but still spent over $4 million. Fairshake’s political spending continued as lobbying firms ended crypto contracts. The groups still spent more than $4 million, according to Bloomberg Government’s analysis of new disclosures. The decline came during a quarter marked by the Senate’s September rejection of their leading legislative priority. CLARITY Act Falls Short in Senate Vote On September 15, 2026, the Senate rejected a motion to advance the legislation by a 49–50 vote. The measure needed 60 votes to clear cloture, the procedural requirement for advancing the motion. Supporters finished 11 votes short of that threshold, preventing the measure from progressing to the next stage.

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