After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor. With lawmakers on the US Senate Banking Committee set to consider a markup on a cryptocurrency market structure bill this week, some Democrats are holding the line — and potentially their votes — on ethics provisions. The Digital Asset Market Clarity Act (CLARITY), passed by the US House of Representatives in July 2025, is scheduled for a markup in the Banking Committee on Thursday after months of delays due to concerns about language on stablecoin yield, tokenized equities, ethics and more issues related to the crypto industry. Although the Senate Agriculture Committee passed its version of the bill in a January markup, the legislation must pass through both panels to address different aspects of securities and commodities laws. “Negotiations continue to be positive, and I remain confident we can get a bipartisan bill over the finish line this Congress,” Senator Kirsten Gillibrand told Cointelegraph. “Americans deserve a well-regulated market with strong consumer protections and real ethics reforms so politicians can’t cash in on their insider status for personal gain.” Earlier this month, Senators Thom Tillis and Angela Alsobrooks, both of whom sit on the banking committee, announced a compromise deal on stablecoin yield that could allow the CLARITY Act to move forward after months of delays. However, New York's Gillibrand said that even if the bill were to pass the banking committee, her fellow Democrats would not vote in favor of CLARITY without an ethics provision to deal with potential conflicts of interest by members of Congress, elected officials and the US President and Vice President. Prediction market sentiment on CLARITY Act passage. Polymarket Related: 7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy