Democrats won control of both chambers of Congress in the Nov. 3, 2026, midterm elections, according to the source. The proposed CLARITY Act failed to clear a Senate procedural vote, 49–50, and its current version faces expiration when the 119th Congress ends on Jan. 3, 2027.
Lawmakers would have to reintroduce the bill in the next Congress and negotiate a new agreement; advancing it would generally require 60 Senate votes to overcome a filibuster. Industry group The Digital Chamber expects Democratic committee leadership to favor tighter digital-asset oversight, while Sen. Elizabeth Warren is expected—not confirmed—to lead the Senate Banking Committee. The source also describes stronger AI safeguards as an expectation, not an enacted policy.