CLARITY Act Odds Sink Amid Democratic Opposition to GOP Deal
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Written by: Ezra Reguerra (staff writer) | Reviewed by: Felix Ng (staff editor)
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
Latest News | Published: Sep 15, 2026
Banking groups and tribal gaming interests have raised concerns about the GOP’s final text of the CLARITY Act.
- Odds on Polymarket: Initially spiking to 35%, the odds fell sharply to as low as 16% on Monday.
- Democratic Resistance: Key Senate Democrats, including Mark Warner and Raphael Warnock, expressed dissatisfaction with the revised ethics provisions, leading to a counterproposal.
- Republican Stance: Cynthia Lummis claimed there was "nothing left to give" to Democrats, adding to the uncertainty of advancing the bill.
Challenges and Concerns:
- Banking Groups: Eight banking trade groups argued that the text failed to close loopholes allowing stablecoin rewards.
- Tribal Gaming: The Indian Gaming Association urged tribes to oppose the bill, highlighting concerns about prediction markets not addressing Indian Country’s interests.
Next Steps:
Democrats have submitted a counterproposal to Republican negotiators, while Senator Kirsten Gillibrand has privately supported advancing the procedural motion.