Hill Seeks Bipartisan Support for Crypto Bill Before September Vote

French Hill, a U.S. congressman, stressed the need for bipartisan backing to push the Clarity Act, a long-awaited crypto market structure bill, through before the midterm elections.

In an interview with Fox Business on Thursday, the lawmaker said Democrats and Republicans have managed to “narrow their differences in getting the bill drafted.

Supporters of crypto had hoped the Clarity Act would pass before the August recess. The vote was postponed and is now scheduled for September 15.

“…we passed the CLARITY Act in the House last summer with 78 Democratic votes. It is time for the Senate to join us and pass the CLARITY Act. Members on both sides of the aisle in the Senate have…”

— Financial Services GOP (@FinancialCmte) September 3, 2026

Hill asked, “Can Democrats work with Republicans and make sure America leads the world in distributed ledger technology and financial services?”

He added, “This one remaining significant issue is the ethics provision, and that is best solved by passing the legislation because everybody — no matter what family they belong to, the Trumps or not — would then be under a regulatory framework fully scrutinized by the United States government in commodity and securities and banking regulators.”

The Clarity Act was originally proposed by Hill, the House Financial Services Chairman, the year prior.

For a long time, crypto firms have demanded regulatory clarity. The Clarity Act sets out a structure that separates oversight among regulators, identifying whether digital assets are securities, commodities, or stablecoins.

The House passed the bill in July of the previous year, but progress has been halted in 2026, largely due to disagreements between the banking lobby and crypto firms over paying interest on stablecoins to customers.

A revised draft addressing ethics began to circulate in July. It prohibits government officials from endorsing or profiting from cryptocurrency, a practice Democrats have accused the Trump family of engaging in.

A number of Democrats argued the bill was insufficient and called for changes. Republicans, including Cynthia Lummis, accused some of them of intentionally delaying the legislation.

The bipartisan efforts on the bill have drawn praise from Coinbase, the largest U.S. crypto exchange. In July, its Chief Policy Officer, Faryar Shirzad, stated that despite some Democratic lawmakers blocking the long-awaited measure, younger Democrats were in favor of its passage.

In August, President Donald Trump said that lawmakers must pass the “very, very powerful legislation” to keep the U.S. the “undisputed leader in Bitcoin and crypto.”