{"id":72571,"date":"2026-05-15T17:15:41","date_gmt":"2026-05-15T17:15:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/warren-says-the-clarity-act-will-blow-up-the-economy-as-senate-panel-votes-15-9-to-advance-bill\/"},"modified":"2026-05-15T17:15:41","modified_gmt":"2026-05-15T17:15:41","slug":"warren-says-the-clarity-act-will-blow-up-the-economy-as-senate-panel-votes-15-9-to-advance-bill","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/warren-says-the-clarity-act-will-blow-up-the-economy-as-senate-panel-votes-15-9-to-advance-bill\/","title":{"rendered":"Warren Says the CLARITY Act Will &#8216;Blow Up the Economy&#8217; as Senate Panel Votes 15-9 to Advance Bill"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The Senate Banking Committee advanced the CLARITY Act 15-9 on May 14, 2026, despite Warren\u2019s 44 amendments and sharp opposition.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Warren warned the 309-page bill would \u201cblow up the economy\u201d and \u201cblow a hole\u201d in investor protections dating to 1929.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A poll found 52% of Americans support the CLARITY Act, which now needs 60 Senate votes to clear the full chamber.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">Warren\u2019s 44 Amendments and Three Core Objections<\/span><\/h2>\n<p><span style=\"font-weight:400\">Warren arrived at the <a href=\"https:\/\/news.bitcoin.com\/pro-crypto-clarity-act-h-r-3633-passes-senate-banking-committee-15-9\/\">May 14 markup<\/a> armed with <\/span><span style=\"font-weight:400\">44 proposed amendments<\/span><span style=\"font-weight:400\">, none of which passed. Her objections <a href=\"https:\/\/www.banking.senate.gov\/newsroom\/minority\/senator-warren-opening-remarks-at-committee-mark-up-of-the-clarity-act\" target=\"_blank\" rel=\"noopener noreferrer\">centered on three claims<\/a>, i.e., that the bill would \u201cblow a hole in our securities laws that have protected investors since 1929,\u201d that it allows companies to \u201copt out\u201d of SEC regulation simply by going onchain, and that it \u201cdeclares open season on defrauding American consumers who use <span>crypto<\/span>.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">In additional remarks that drew immediate industry pushback, Warren also said, \u201cThis bill is just not ready for prime time. It pushes more of the economy into <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a>. It will blow up the economy.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">Supporters of the bill pushed back, arguing Warren\u2019s framing mischaracterizes the legislation. For starters, the proposed decentralization test in the bill (which determines whether a digital asset qualifies as a security or a commodity) is not a blanket opt-out from SEC oversight but requires companies to meet defined, verifiable criteria before shifting regulatory jurisdiction to the CFTC.<\/span><\/p>\n<h2><span style=\"font-weight:400\">The Vote, the Numbers, and What Comes Next<\/span><\/h2>\n<p><span style=\"font-weight:400\">The CLARITY Act (H.R. 3633) is a <\/span><a href=\"https:\/\/news.bitcoin.com\/us-senate-drops-309-page-crypto-clarity-act-draft-ahead-of-may-14-vote\/\"><span style=\"font-weight:400\">309-page bipartisan bill<\/span><\/a><span style=\"font-weight:400\"> designed to draw clear regulatory lines between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) for overseeing digital assets. <\/span><span style=\"font-weight:400\">Last week, Robinhood CEO Vlad Tenev said the U.S. is \u201cvery close\u201d to <\/span><a href=\"https:\/\/news.bitcoin.com\/crypto-clarity-act-us-close-robinhood-tenev-2026\/\"><span style=\"font-weight:400\">passing the bill<\/span><\/a><span style=\"font-weight:400\">, adding that its passage would be a foundational step toward legitimizing the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> industry under U.S. financial law.<\/span><\/p>\n<p><span style=\"font-weight:400\">Despite Warren\u2019s opposition, the committee voted 15-9 along largely party lines to send the CLARITY Act to the full Senate floor. A <\/span><a href=\"https:\/\/news.bitcoin.com\/clarity-act-poll-52-support-70-say-us-should-have-passed-crypto-legislation\/\"><span style=\"font-weight:400\">separate poll<\/span><\/a><span style=\"font-weight:400\"> cited by <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News found 52% of Americans support the legislation, with 70% saying the U.S. should already have passed <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> market structure rules.<\/span><\/p>\n<p><span style=\"font-weight:400\">Markets registered the advance positively with digital asset funds <\/span><a href=\"https:\/\/news.bitcoin.com\/crypto-funds-pull-in-857-9m-last-week-as-clarity-act-markup-lifts\/\"><span style=\"font-weight:400\">pulling in $857.9 million<\/span><\/a><span style=\"font-weight:400\"> in net inflows earlier, reflecting investor confidence that even contested regulation is better for long-term market health than continued uncertainty. <\/span><span style=\"font-weight:400\">The bill now faces a 60-vote threshold on the Senate floor, meaning it will need some bipartisan support beyond the committee tally to pass.<\/span><\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/clarity-act-senate-vote-warren-crypto-regulation-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The Senate Banking Committee advanced the CLARITY Act 15-9 on May 14, 2026, despite Warren\u2019s 44 amendments and sharp opposition. Warren warned the 309-page bill would \u201cblow up the economy\u201d and \u201cblow a hole\u201d in investor protections dating to 1929. A poll found 52% of Americans [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":72572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72571"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72571"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72572"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}