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Senate Majority Leader Schumer Discusses Clarity Act Support, Amendments Due 5:00 PM ET

GateNews

Regulation & Policy

2026-05-13 10:21:48

According to journalist Eleanor Terrett, Senate Majority Leader Chuck Schumer attended a meeting with Democratic senators yesterday, signaling support for a “yes” vote on the Clarity Act cryptocurrency regulation legislation. However, sources indicated that Schumer said more progress was needed in ethics discussions before Thursday’s scheduled committee review.

A bipartisan meeting today addressed ethical issues, though no concrete results emerged. Republican and Democratic advisory teams will reconvene to review the draft after amendments are submitted, with a deadline of 5:00 PM Eastern Time.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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