CLARITY Act Faces Growing Scrutiny as Senate Markup Begins
Key Takeaways Senate Democrats intensified criticism of the CLARITY Act as the Banking Committee debated the bill on May 14, 2026. Minority staff warned the legislation could leave DeFi, Tornado Cash, and stablecoin-related illicit finance vulnerabilities unresolved. Lawmakers considered a revised 309-page draft with more than 130 amendments, including 44 filed by Sen. Elizabeth Warren….
