H.R. 3633 · 119th Congress
CLARITY Act
Digital Asset Market Clarity Act of 2025
What it does
Successor to FIT21: shifts crypto oversight toward the CFTC and narrows SEC authority over tokens.
Outcome
Passed the House on July 17, 2025. Senate action pending as of the last update.
The test
| Pillar | Question | Answer | Why |
|---|---|---|---|
| Economy | Who lobbied for it, and who against? | Hurts Americans | Industry-drafted priorities; opposed by consumer and investor-protection groups. |
| Freedom | Does it protect or erode privacy, anonymity, speech, due process and the right to organize or sue? | Hurts Americans | Narrows securities-law remedies available to defrauded investors. |
Votes counted: House 294–134 on Jul 17, 2025. Each member's page shows how they voted.