Politics
US Senate fails to advance Trump-backed cryptocurrency bill
September 15, 2026 at 10:26 PM · Updated 30d ago
Coverage
3 reports · 2 in Arabic, 1 in English · over 9 hours
The US Senate failed to advance the Digital Asset Market Clarity Act on Tuesday, falling short of the 60 votes required to open debate.
- The Senate voted 50-49 in favor of the bill, short of the 60 needed, with four Republicans joining all Democrats in opposition.
- Senator Elizabeth Warren said the bill posed risks to families, national security and the economy and would boost Trump's crypto earnings.
- Republican Senator Thom Tillis switched his vote from yes to no in a procedural move that preserves the option of reconsidering the measure later.
- Bitcoin fell more than 5 percent, its biggest daily decline since June, as Coinbase and Circle shares dropped by as much as 10 percent.
- Senate Democrats had demanded additional ethics restrictions on Trump's crypto investments, including divestment requirements, before blocking the bill.