CLARITY Act Draws Bipartisan Backing as Senate Panel Plans Markup Next Week

A national survey has revealed that the CLARITY Act has gained bipartisan support among American voters, with many agreeing that the crypto bill is of utmost priority. This comes ahead of the crypto bill’s markup, which the Senate Banking Committee could hold as soon as next week.

CLARITY Act Gains Bipartisan Support Across American Voters

According to a national survey by HarrisX of 2,008 registered American voters, 52% support the crypto bill, with backing from Republicans, Democrats, and Independents. Only 11% of these voters oppose the crypto bill, signaling significant bipartisan support.

Furthermore, 70% of these voters say Congress should have passed the CLARITY Act by now, and 62% note that it is important for the U.S. to set the global rules for digital finance. 56% of these voters agreed that digital payment systems built and controlled outside the U.S. would weaken American national security.

Interestingly, these voters stated that the crypto bill delivers a +20 net electoral benefit for lawmakers. 37% of these voters said they would at least somewhat likely consider voting for a candidate outside their preferred party if that candidate supported the crypto bill and their party’s candidate did not.

This survey comes ahead of a potential markup for the CLARITY Act as soon as next week. Crypto journalist Eleanor Terrett revealed that the Senate Banking Committee plans to notice the bill’s markup tomorrow for a May 14 vote.

Despite bipartisan support among voters, the crypto bill has not yet gained full bipartisan support in the Senate Banking Committee. The committee’s chair, Tim Scott, had indicated that he was looking to advance the bill across party lines, since all Democrats on the committee may vote against it.

As CoinGape reported, Democratic Senator Kristen Gillibrand warned that the crypto bill is unlikely to pass if it does not include the ethics provision. Democrats are pushing for this provision in order to rein in President Trump’s crypto businesses.

Reactions To The Survey

Commenting on the survey, Senator Cynthia Lummis noted that the American people have made it clear that the country should lead the way on digital assets. “Let’s secure our financial future for generations to come. Let’s get Clarity done now,” she added.

White House crypto advisor Patrick Witt stated that the poll is a must-read for every policymaker and elected official working on the CLARITY Act. Crypto was at the center of the 2024 U.S. elections, with crypto PACs backing pro-crypto candidates. One of such candidates is Senator Bernie Moreno, who believes that Trump could sign the crypto bill into law by July 4.

Moreno notably defeated Sherrod Brown, whom the crypto industry largely viewed as anti-crypto. However, the crypto industry still faces opposition from lawmakers such as Senator Elizabeth Warren, who is a ranking member of the Senate Banking Committee.