律动BlockBeats|Sep 15, 2026 20:36
[The 'CLARITY Act' is not 'dead,' Senator John Kennedy suggests it may be delayed until the lame-duck session for further advancement]
BlockBeats News, September 16: U.S. Senator John Kennedy stated that he was not surprised the 'CLARITY Act' failed to pass the Senate vote this time but believes the bill has not been completely defeated. He noted that Democratic lawmakers also understand the need for the U.S. to establish a regulatory framework for the cryptocurrency market that 'looks like it was carefully designed,' but related legislation may have to wait until the lame-duck session of Congress for further progress.
Republican Senator Ted Cruz, quoting a classic line from the movie *The Princess Bride*, said: 'There's a big difference between "dead" and "mostly dead." I hope it can come back to life.' Cruz attributed the bill's obstruction to the Democrats, accusing them of 'bringing politics into it' and warning that this could drive the crypto industry and related jobs overseas.
BlockBeats Note: The 'lame-duck session' refers to the transitional period in the U.S. Congress after the election has concluded but before the new Congress officially takes office. During this time, some lawmakers may have already lost their seats or are confirmed to be leaving office but still retain their current legislative powers. Therefore, Congress can continue to review and vote on bills. Since the power dynamics of the new Congress have already been determined, this period is often seen as a window to address unfinished legislation, budgets, and other critical issues. As a result, some bills that could not be completed during the regular session may be revisited during the lame-duck session for further advancement. [Original Link]
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