Clarifying the Clarity Act ✏️

Senators filed dozens of proposed tweaks to the Clarity Act crypto bill, including amendments tied to President Trump—and Jeffrey Epstein.

Author

Andrew Hayward
May 13, 2026

📝 What you need to know

Ahead of a key Senate Banking Committee vote on the Clarity Act—the sweeping bill that would formally legalize most crypto activity in the U.S.—senators have filed dozens of last-minute amendments. The proposals cover a lot of ground.

On stablecoins, Sen. Jack Reed forced a vote on whether to allow yield on stablecoin holdings—a point of serious contention between the banking industry and the crypto lobby. Sen. Elizabeth Warren introduced an amendment to block banking approvals for institutions tied to the president or Congress members—a clear shot at Trump's crypto firm, World Liberty Financial, which is seeking a bank charter.

On the DeFi side, Sen. Andy Kim wants platforms with significant DeFi revenue to adopt anti-money laundering programs, while Warren proposed letting the government blacklist platforms facilitating illicit transactions.

Then things get eclectic. Among the non-crypto amendments: one would cap credit card interest rates at 10% for a year, another deals with housing development regulations, and Warren also wants banking regulators to release all Jeffrey Epstein-related records within 90 days of the bill passing.

Senators File Clarity Act Amendments on DeFi, Trump Family, and Jeffrey Epstein

Senators filed dozens of last-minute amendments to the Clarity Act ahead of Thursday’s key vote. Here's what stands out.

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