CLARITY Act Vote Stalls After Lummis Says Cap Changes Were Added

TLDR: In her CLARITY Act post, Cynthia Lummis said Democrats requested a $50 million annual cap, down from $75 million, plus a $200 million lifetime limit. Lummis said the caps entered the CLARITY Act, then accused Democrats of voting against rules she said were written to protect retail investors. The September 15 Senate vote was a 49-50 cloture vote on advancing H.R. 3633, not a separate vote on either Regulation Crypto cap. The official roll call recorded 49 yeas, 50 nays and one senator not voting; four Republicans and two independents were among the no votes.