CLARITY ACT MARKUP PASSES SENATE IN A HUGE WIN FOR CRYPTO AS ELIZABETH WARREN CRIES!

May 15, 2026

AI Summary

5 min read

The Senate Banking Committee advanced the Clarity Act through markup on a 15-9 bipartisan vote, with Democrats Ruben Gallego and Angela Alsobrooks joining Republicans. This bill, evolving from the House-passed FIT21, aims to define crypto market structure by granting the CFTC authority over non-security digital assets while clarifying SEC roles, addressing rewards, tokenization, and DeFi. Coinbase CEO Brian Armstrong called it a historic step that improves on January drafts and positions the US as the world's crypto capital. The bill now heads to the Senate floor, needing 60 votes to proceed—targeted for passage by July 4—before returning to the House for reconciliation and President Trump's signature.

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What you'll learn

1 (01:28) **Clarity Act Markup Victory** - Bill passes Senate Banking Committee 15-9, advances to Senate floor
2 (02:26) **Brian Armstrong Celebrates** - Coinbase CEO hails historic bipartisan progress on market structure
3 (03:11) **Elizabeth Warren Opposes** - Senator decries bill as economy-blower, pushes 44 amendments
4 (04:59) **Bernie Moreno Claps Back** - Senator mocks Warren's repeated doomsday predictions
5 (05:33) **Bill's Path Forward** - Needs 60 Senate votes soon, then House pass and Trump signature
6 (07:52) **DeFi Amendment Concerns** - Last-minute deal strips Blockchain Regulatory Certainty Act reference
7 (09:47) **Why Clarity Matters** - Locks in rules as law vs. erasable agency actions or executive orders

+ Full timestamped outline available in the app

Show Notes

Crypto News: Senate Banking Committee PASSES the Clarity Act in 15-9 vote. Senator Elizabeth Warren says the crypto Clarity Act will "blow up the economy." Kraken to replace LayerZero with Chainlink to bridge assets across blockchains. Dartmouth endowment invests in Solana ETF. Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto

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⏰ Time Stamps ⏰
00:00 Intro
00:23 Clarity Act passes in Senate Banking Committee
02:07 Elizabeth Warren Clarity Act
06:48 DeFi Clarity Act
11:26 Kraken Exchange Chainlink
12:24 CME Nasdaq Altcoin futures
12:57 Dartmouth Endowment Solana ETF
15:15 Turnkey $12.5 million raise
16:22 Stablecoin Neobank $51 Million raise
17:20 BlackRock Tokenized fund stablecoin
18:57 Bitcoin analysis
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