Senator Tillis Backs CLARITY Act Markup After Stablecoin Talks
Tech Senator Tillis Backs CLARITY Act Markup After Stablecoin TalksEleanor Terrett reported that Senator Thom Tillis is ready to push the CLARITY Act forward to markup.Tillis said he generally supports Senator Cynthia Lummis approach to software developer concerns.Stablecoin yield text could be released four to five days before markup after stakeholders review it. Eleanor Terrett reported on X that Senator Thom Tillis is ready to push the CLARITY Act toward a markup after lawmakers return from recess. Tillis said he would ask the chair to schedule the committee step, adding that negotiators had made progress and that the bill should move before the committee. The update adds a fresh Senate signal for a crypto market structure bill that has faced months of delays. However, stablecoin yield language, ethics demands, and software developer protections remain central to the debate as the White House continues to press for passage. Tillis Signals Markup Push According to Terrett, Tillis made the remarks in a reporter gaggle on Capitol Hill after the Warsh vote. He said, “I‘m going to ask the chair to move forward with scheduling a markup when we get back… I think we’ve made a lot of progress… and its time to get it before the committee