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.

Source: The Coin Republic