In the News

Today, Majority Whip Tom Emmer (R-Minn.) joined House Republican leadership to discuss the importance of the Clarity Act, legislation to establish a regulatory framework for digital commodities. The Clarity Act passed the House in July 2025 with nonpartisan support but has yet to move in the Senate.

Click here to watch Whip Emmer’s remarks.

Whip Emmer: “House Republicans have passed nearly 900 bills this Congress. That is the second-highest number in United States’ history. And far too many of these bills have been sent to the Senate, where they wait to be considered or die. A lot of the focus has been on the SAVE America Act, and rightfully so. But that’s not the only bill stuck in the Senate. The Clarity Act, which passed the House in July of 2025 with nearly 100 Democrats voting in support, has yet to move. The United States has an opportunity to cement itself as the global leader in digital asset innovation. We’ve already seen success thanks to President Trump’s leadership. Our stablecoins legislation, the GENIUS Act, became law last year. But as our great Chairman French Hill has stated, passing GENIUS without Clarity is like having a cell phone without cell towers. We need market structure legislation to provide certainty and predictability for digital assets. By failing to pass a regulatory framework, we are squandering this opportunity the American people have given us. Until we have a clear definition of what is cash, what is a commodity, and what is a security when it comes to digital assets, American innovation will suffer, and our adversaries will take advantage of us. The Senate was sent a good, nonpartisan bill that was supported by members of both parties and a wide coalition of stakeholders. But now some obstructionist Democrat Senators want to make this a partisan issue, changing many crucial pieces of the Clarity Act at the very last second. The American people are frustrated with inaction and excuses. The Clarity Act should have been signed into law last year. We will see what the Senate does this week. Despite our best efforts, the House is not able to legislate on its own.”