With less than 24 hours before the Senate Banking Committee's vote on the Clarity Act, senators have filed dozens of amendments covering stablecoin rewards, Trump family crypto ventures, DeFi regulation, anti-money laundering rules, and even non-crypto topics like housing policy, credit card fees, and Jeffrey Epstein records. The amendments include a proposal by Sen. Jack Reed on stablecoin yield that pits the banking industry against crypto lobbyists, and an amendment by Sen. Elizabeth Warren to block banking-related approvals for institutions tied to the president and his family, targeting the Trump family's World Liberty Financial. Other amendments focus on DeFi restrictions, such as requiring anti-money laundering programs for DeFi platforms and granting the U.S. government jurisdiction to sanction stablecoin transactions. Some amendments are unrelated to crypto, including housing deregulation, a cap on credit card interest rates, and a requirement to release Epstein-related records. The vote will determine which amendments are added to the bill before it potentially moves to the Senate floor.

Key facts

• Senators filed dozens of last-minute amendments to the Clarity Act before Thursday's vote.
• Proposed changes target stablecoin rewards, Trump family crypto ventures, and DeFi regulation.
• Other amendments cover non-crypto topics like housing, credit card fees, and Jeffrey Epstein records.
• Key pro-crypto Democrats may block the bill unless guarantees on presidential crypto ties are made.