18 State Attorneys General Just Told the Senate the CLARITY Act Would Gut Their Ability to Fight Crypto Fraud
Photo: Forkast
The legislative push to standardize digital asset oversight hit a wall on September 15, 2026, when the CLARITY Act failed a cloture vote in the Senate by a narrow 49-50 margin. While the bill’s defeat was framed by many as a partisan stalemate, the underlying friction was far more structural. Just days prior, New York Attorney General Letitia James spearheaded a bipartisan coalition of 18 state attorneys general to formally oppose the legislation, signaling a deep-seated resistance to how federal authorities might consolidate power at the expense of state-level enforcement.
Source: Forkast
