Skip to main content
← See Josh Riley's full record
NEGATIVE Money in Politics & Finance 119th Congress

H.R.3633 Crypto Market Structure Bill (CLARITY Act)

Exempting up to $50 million a year in crypto token sales from SEC registration and moving many tokens to CFTC oversight (119th Congress)

View on Congress.gov

Bill activity

Introduced May 29, 2025 by J. French Hill (R-AR) with 8 original cosponsors. 21 cosponsors as of Jun 23, 2025. Passed the House Jul 17, 2025, 294-134.

  • Reached the House floor after the House Financial Services and Agriculture Committees reported it (H. Rept. 119-168, Parts I-II), under a special rule from the Rules Committee (H.Res.580).
Rep. Josh Riley (D-NY-19) is not listed among the cosponsors of this bill. Rep. Josh Riley (D-NY-19) voted yea on the House roll call counted in grades (roll no. 199, Jul 17, 2025).
  1. IntroducedMay 29, 2025
  2. Passed HouseJul 17, 2025
  3. Passed Senate 
  4. To President 
  5. Became Law 

Latest action Sep 15, 2026: Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.

Cosponsors during the cosponsorship window

119th Congress (Jan 2025 to Jan 2027)

Jun 2, 2025Jun 9Jun 16Jun 23May 29, 2025Jun 23, 2025 (closed)8 originalAngie Craig (D-MN-2). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Bryan Steil (R-WI-1). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Donald G. Davis (D-NC-1). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Dusty Johnson (R-SD). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Glenn Thompson (R-PA-15). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Ritchie Torres (D-NY-15). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Tom Emmer (R-MN-6). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Warren Davidson (R-OH-8). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Josh Gottheimer (D-NJ-5). Cosponsored Jun 2, 2025, 4 days after introduction.Bill Huizenga (R-MI-4). Cosponsored Jun 5, 2025, 7 days after introduction.Daniel Meuser (R-PA-9). Cosponsored Jun 20, 2025, 22 days after introduction.Earl L. "Buddy" Carter (R-GA-1). Cosponsored Jun 20, 2025, 22 days after introduction.Kristen McDonald Rivet (D-MI-8). Cosponsored Jun 20, 2025, 22 days after introduction.Mark B. Messmer (R-IN-8). Cosponsored Jun 20, 2025, 22 days after introduction.Michael Lawler (R-NY-17). Cosponsored Jun 20, 2025, 22 days after introduction.Nicholas J. Begich (R-AK). Cosponsored Jun 20, 2025, 22 days after introduction.Riley M. Moore (R-WV-2). Cosponsored Jun 20, 2025, 22 days after introduction.Robert P. Bresnahan (R-PA-8). Cosponsored Jun 20, 2025, 22 days after introduction.Shri Thanedar (D-MI-13). Cosponsored Jun 20, 2025, 22 days after introduction.Zachary Nunn (R-IA-3). Cosponsored Jun 20, 2025, 22 days after introduction.Haley M. Stevens (D-MI-11). Cosponsored Jun 23, 2025, 25 days after introduction. Jun 9, 2025Jun 16Jun 23May 29, 2025Jun 23, 2025 (closed)8 originalAngie Craig (D-MN-2). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Bryan Steil (R-WI-1). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Donald G. Davis (D-NC-1). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Dusty Johnson (R-SD). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Glenn Thompson (R-PA-15). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Ritchie Torres (D-NY-15). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Tom Emmer (R-MN-6). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Warren Davidson (R-OH-8). Cosponsored May 29, 2025, on the day of introduction. Original cosponsor.Josh Gottheimer (D-NJ-5). Cosponsored Jun 2, 2025, 4 days after introduction.Bill Huizenga (R-MI-4). Cosponsored Jun 5, 2025, 7 days after introduction.Daniel Meuser (R-PA-9). Cosponsored Jun 20, 2025, 22 days after introduction.Earl L. "Buddy" Carter (R-GA-1). Cosponsored Jun 20, 2025, 22 days after introduction.Kristen McDonald Rivet (D-MI-8). Cosponsored Jun 20, 2025, 22 days after introduction.Mark B. Messmer (R-IN-8). Cosponsored Jun 20, 2025, 22 days after introduction.Michael Lawler (R-NY-17). Cosponsored Jun 20, 2025, 22 days after introduction.Nicholas J. Begich (R-AK). Cosponsored Jun 20, 2025, 22 days after introduction.Riley M. Moore (R-WV-2). Cosponsored Jun 20, 2025, 22 days after introduction.Robert P. Bresnahan (R-PA-8). Cosponsored Jun 20, 2025, 22 days after introduction.Shri Thanedar (D-MI-13). Cosponsored Jun 20, 2025, 22 days after introduction.Zachary Nunn (R-IA-3). Cosponsored Jun 20, 2025, 22 days after introduction.Haley M. Stevens (D-MI-11). Cosponsored Jun 23, 2025, 25 days after introduction.
Democratic 7 · Republican 14

Each dot is one cosponsor. Dots stack by sign-on day, or by week when the window is long. The block at the left holds the original cosponsors.

Cosponsorship closed Jun 23, 2025 (119th Congress): every committee of referral had reported the bill.

Activity log

Source: Congress.gov actions
  1. Introduced in House
  2. Referred to the House Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the...
  3. 8 original cosponsors on the day of introduction
  4. Josh Gottheimer cosponsored (D-NJ)
  5. Bill Huizenga cosponsored (R-MI)
  6. Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.House
  7. Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.House
  8. Reported (Amended) by the House Committee on Agriculture. H. Rept. 119-168, Part I.
  9. Reported (Amended) by the House Committee on Financial Services. H. Rept. 119-168, Part II.
  10. Haley M. Stevens cosponsored (D-MI)
  11. House floor day: vote on the rule (H.Res.580) (4 steps)
    1. Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured...
    2. On ordering the previous question Agreed to by the Yeas and Nays: 211 - 210 (Roll no. 194).
    3. Failed of passage/not agreed to in House On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).
    4. On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).
  12. House floor day: passage (7 steps)
    1. Considered under the provisions of rule H. Res. 580.
    2. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with...
    3. DEBATE - The House proceeded with one hour of debate on H.R. 3633.
    4. The previous question was ordered pursuant to the rule.
    5. POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3633, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Craig demanded the yeas and nays and the Chair...
    6. Considered as unfinished business.
    7. On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)
  13. House vote: Passage of the billCounted in grades
    Passed, 294-134
    Of 21 cosponsors: 20 voted yea, 0 voted nay, 1 not voting.
    Member breakdown · Official House roll call 199
  14. Received in the Senate and Read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.
  15. Senate Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
  16. Senate Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.

Votes on this bill

6 votes: 6 recorded roll calls and 0 decided without a recorded vote, 0 of them on amendments. Votes counted in grades are marked.

Jul 15, 20252:12 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.580On ordering the previous question Agreed to by the Yeas and Nays: 211 - 210 (Roll no. 194).
Agreed to211-210Nay
PartyYeaNayPresentNot voting
Democratic021002
Republican211009
Independent0000
Total211210011
Jul 15, 20252:29 pmHouseVote on the rule (H.Res.580)On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).Failed196-223Nay
PartyYeaNayPresentNot voting
Democratic021002
Republican19613011
Independent0000
Total196223013
Jul 16, 20251:18 pmHouseMotion to reconsider the vote on the rule (H.Res.580) that failed Jul 15On motion to reconsider Agreed to by the Yeas and Nays: 215 - 211 (Roll no. 197).Agreed to215-211Nay
PartyYeaNayPresentNot voting
Democratic021101
Republican215005
Independent0000
Total21521106
Jul 16, 202511:04 pmHouseVote on the rule (H.Res.580)On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).Agreed to217-212Nay
PartyYeaNayPresentNot voting
Democratic021101
Republican217102
Independent0000
Total21721203
Jul 17, 20253:30 pmHousePassage of the billCounted in gradesOn passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)Passed294-134Yea

Counted in grades

Of 21 cosponsors: 20 voted yea, 0 voted nay, 1 not voting. Question voted on: Passage of the bill

PartyYeaNayPresentNot voting
Democratic7813400
Republican216004
Independent0000
Total29413404
Sep 15, 2026SenateCloture on the motion to proceed (vote to end debate; three-fifths of senators duly chosen and sworn required)Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 234. (CR S4706)Not invoked49-50n/a
PartyYeaNayPresentNot voting
Democratic04401
Republican49400
Independent0200
Total495001

Amendments

3 amendments: 1 agreed to, 2 submitted, not proposed.

Agreed to (1)

H.Amdt.48Jul 17
Pursuant to the provisions of H. Res. 580, in lieu of the amendments in the nature of a substitute recommended by the Committees on Agriculture and Financial Services now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-6, modified by the amendment printed in part B of House Report 119-199 is considered adopted.Without a recorded vote

Submitted, not proposed (2)

S.Amdt.6771Sep 15
Jerry Moran
Senate amendment submitted
S.Amdt.6772Sep 15
Martin Heinrich
Senate amendment submitted

Cosponsors

21 cosponsored

Sponsor Introduced by J. French Hill (R-AR) on May 29, 2025

MemberParty/StateDateDays after introductionOriginalGrade
Angie CraigD-MNMay 29, 20250OriginalC+
Bryan SteilR-WIMay 29, 20250OriginalF
Donald G. DavisD-NCMay 29, 20250OriginalC-
Dusty JohnsonR-SDMay 29, 20250OriginalF
Glenn ThompsonR-PAMay 29, 20250OriginalF
Ritchie TorresD-NYMay 29, 20250OriginalC-
Tom EmmerR-MNMay 29, 20250OriginalF
Warren DavidsonR-OHMay 29, 20250OriginalF
Josh GottheimerD-NJJun 2, 20254D
Bill HuizengaR-MIJun 5, 20257F
Daniel MeuserR-PAJun 20, 202522F
Earl L. "Buddy" CarterR-GAJun 20, 202522F
Kristen McDonald RivetD-MIJun 20, 202522C-
Mark B. MessmerR-INJun 20, 202522F
Michael LawlerR-NYJun 20, 202522F
Nicholas J. BegichR-AKJun 20, 202522F
Riley M. MooreR-WVJun 20, 202522F
Robert P. BresnahanR-PAJun 20, 202522F
Shri ThanedarD-MIJun 20, 202522C
Zachary NunnR-IAJun 20, 202522F
Haley M. StevensD-MIJun 23, 202525C-

Who Lobbied on This Bill

54 lobbying firms
61 clients represented
2025-Q2–2026-Q3 filing period
⚠ 52 lobbyists who worked this bill previously held government positions
Show all 52
  • ADAM FINKEL — Economic Policy Advisor, Sen. Raphael Warnock
  • ADAM MINEHARDT — Chief of Staff, Rep. Nydia Velazquez 2015-2019; Staff Director, House Committee on Small Business 2015-2019; Deputy…
  • ALBERT KAMMLER — Special Assistant to Staff Director/Legislative Assistant, Professional
  • ANDRES BASCUMBE — Rep. Maxine Waters; House Committee on Financial Services; Rep. Gerald Connolly; Rep. Henry Waxman.
  • ANDREW KAUDERS — Sr. Adv'r/Exec. Dir., House Democratic Caucus // Sr. Adv'r/Comm. Dir., Rep. Robert Menendez // Spksperson/Asst. to…
  • ASHOK PINTO — Counselor; US Dept of Treasury; Chief Investigative Counsel, Senate Commerce, Science, and Trans Comm.; Counsel/…
  • BRADFORD ELLISON — May 2008-July 2008: Intern to Rep. Al Green (TX); July 2008 - August 2008 and June - August 2010: Intern to Rep.…
  • BRIAN APPEL — Legislative assis't, Sen. Mary Landrieu(5/07-1/09); Democratic Counsel, Small Business Committee(1/09-5/09);…
  • DAVID OXNER — Policy Advisor, Sen. Jerry Moran; Prof. Staff, House Financial Services Cmte.; Leg. Assistant/Policy Coordinator,…
  • ELIZABETH FARRAR — Staff Dir, Dep Staff Dir-Sen Rules Cmte; Dep CoS, Leg Dir-Sen Klobuchar; Chief Counsel, Counsel-Sen Jud Cmte…
  • ERICA FRUITERMAN — Special Assistant Attorney General, Colorado Department of Law
  • FREDERIC BARNES — Senior Director, U.S. Government Affairs
  • JAMES WILLIAMS — Sen. Finance Cmte: Sr Tax/Econ Policy Adv & Tax/IRS Subcmte Staff Dir | Sen. Thune: Sr Policy/Tax/Trade Policy Adv |…
  • JASON MULVIHILL — U.S. Senate Staffer (2005-2010)
  • JEROME MURRAY — Chief of Staff, Rep. Stacey Plaskett; Legislative Director, Rep. G.K. Butterfield; Associate Director, Democratic…
  • JESSICA MARTINEZ — Ex. Director, U.S. Joint Economic Committee, Sen. Heinrich; Deputy Chief of Staff, Leg. Director, Rep. Veasey;…
  • JOHN REISING — Scheduler, Operations Director, Member Services Director, Deputy Chief of Staff- Majority Leader Steve Scalise;…
  • JOHN SOBEL — Former Chief of Staff to Representative Paul Cook (R-CA)
  • JUSTICE ESTRADA — Senator Charles Schumer, Intern; Senator Dianne Feinstein, Legislative Correspondent
  • K. RAAB — Deputy Chief of Staff for Policy / Policy Director / Policy Advisor - Senate Majority Leader/Republican Leader Mitch…
  • KARISSA WILLHITE — Dep. Chief of Staff, Sen. Robert Menendez; Dep. Exec Director/ Policy Director, House Democratic Caucus; Sr.…
  • KARL HADDELAND — 2009-2010 House Financial Services Committee (Professional Staff)
  • KRISTIN SMITH — Legislative Director, Representative Denny Rehberg; Legislative Assistant, Senator Olympia Snowe; Assistant to the…
  • LUCIA PANZA — Counsel, U.S. Senator Charles E. Schumer; Counsel, U.S. Senate Judiciary Committee; Legislative Assistant, U.S.…
  • MARK OESTERLE — Chief Counsel and Deputy Chief of Staff, Senate Committee on Banking, Housing, and Urban Affairs
  • MATTHEW TURKSTRA — U.S. House of Representatives, Committee on Ways and Means (2004-2007), Rep. Scott Garrett (NJ), Sr. Leg Assistant…
  • MAURITZ DAVIDSON — Political Organizer
  • MAXWELL RAYMOND — Rep. Josh Gottheimer, Legislative Assistant (Mar. 2025-Oct. 2025); Rep. Henry Cuellar, Legislative Assistant (May…
  • MIA REAL — Office of the Speaker - Staff Assistant
  • NITA SOMASUNDARAM — Senior Advisor,Office of CFTC Commissioner Kristin Johnson Policy Advisor,Office of Senator Laphonza Butler…
  • NORMA KRAYEM — Deputy Chief of Staff, U.S. Department of Transportation; Deputy Administrator, Federal Railroad Administration;…
  • PAUL MOOREHEAD — Staff Director and Chief Counsel, Senate Committee on Indian Affairs
  • RACHEL GOLDBERG — Legislative Director (Rep. Sean Duffy) & Designee, U.S. House of Representatives, Financial Services Subcommittee on…
  • RANDALL GERARD — Staff Asst., Sen. Commerce, Science & Transportation Cmte.
  • REGINA MAHONY — Senior Policy Advisor House Democratic Whip Steny Hoyer; Senior Policy Advisor House Majority Leader Steny Hoyer
  • ROB CHILDERS — Counsel for Sen. Bob Menendez (3/21-2/22) Sen. Bob Menendez - Legislative Assistant (10/17-3/21);Legislative Aide…
  • ROBERT ROBILLIARD — Policy Advisor, Rep. Brad Sherman (D-CA); Legislative Intern, Rep David Scott (D-GA); Legislative Intern, Rep.…
  • RYAN ADAM — U.S. Sen. Thom Tillis (R-NC), Economic Policy Advisor 2023-2026 U.S. Sen. Thom Tillis (R-NC), Legislative Assistant…
  • RYAN EAGAN — Legislative Aide, Office of Senate Majority Leader Charles Schumer; Legislative Correspondent, Office of the Senate…
  • SARAH MORGAN — House Judiciary Committee staff assistant - 8/2008-6/2009; House Judiciary Committee professional staff…
  • SRUTHI BLIAMPTIS — Senior Policy Advisor-Rep. Trey Hollingsworth, Legislative Assistant-Rep. Mark Walker, Legislative…
  • STEPHEN COFFEY — Rep. Gene Green, Legal Intern; Rep. Matt Cartwright, Deputy Chief of Staff and House Appropriations Committee…
  • STEPHEN VOLJAVEC — Legislative Director, Rep. Vern Buchanan; Legislative Assistant, Senator Marsha Blackburn
  • SUMMER MERSINGER — Commissioner, CFTC; Chief of Staff, CFTC Commissioner Stump; Director, Office of Legislative Affairs, CFTC;…
  • TANNER DANIEL — Rep. David Scott (GA) Senior Leg Assistant 2016-2018 Rep. Scott Peters (CA) Leg Aid / Leg Correspondent 2014-2015…
  • TAYLOR BARR — Research Assistant, Sen. Daines 2022-23
  • THEODORE NASTASE — Senate Subcommittee on Federal Spending Oversight and Emergency Planning, Senator Gary Peters, Intern
  • THOMAS ANDREWS — 2009-2013:SA/LC and Sr SA, Rep. John Boehner; 2013-2015:SA to Speaker John Boehner; 2015-2018: Dir of Member…
  • TIFFANY HAAS — Counsel and Communications Director, Rep. Donald M. Payne, Jr.
  • TIMOTHY HITE — Senior Counsel, House Financial Services Committee; Financial Services Counsel, Rep. Warren Davidson
  • TYSON REDPATH — Legislative Assistant, Rep. John Boehner
  • WILL COURTNEY — Chief of Staff, Deputy Chief of Staff, Legislative Assistant, Legislative Correspondent, Staff Assistant: Rep. David…
Policy Areas Covered
Agriculture Banking Commodities (big ticket) Consumer Issues/Safety/Products Economics/Economic Development Financial Institutions/Investments/Securities Housing Indian/Native American Affairs Law Enforcement/Crime/Criminal Justice Science/Technology Taxation/Internal Revenue Code
Government Entities Lobbied
  • Agriculture, Dept of (USDA)
  • Bureau of Indian Affairs (BIA)
  • Commerce, Dept of (DOC)
  • Commodity Futures Trading Commission (CFTC)
  • Consumer Financial Protection Bureau (CFPB)
  • Council of Economic Advisers (CEA)
  • Education, Dept of
  • Energy, Dept of
  • Executive Office of the President (EOP)
  • Federal Deposit Insurance Corporation (FDIC)
  • Federal Reserve System
  • General Services Administration (GSA)
  • HOUSE OF REPRESENTATIVES
  • Homeland Security, Dept of (DHS)
  • Interior, Dept of (DOI)
  • Justice, Dept of (DOJ)
  • Office of Management & Budget (OMB)
  • Office of Policy Development
  • Office of Science & Technology Policy (OSTP)
  • Office of the Comptroller of the Currency (OCC)
  • Patent & Trademark Office (PTO)
  • SENATE
  • Securities & Exchange Commission (SEC)
  • Small Business Administration (SBA)
  • State, Dept of (DOS)
  • Transportation, Dept of (DOT)
  • Treasury, Dept of
  • U.S. Trade Representative (USTR)
  • Veterans Affairs, Dept of (VA)
  • White House Office
Who Hired the Lobbyists
  • CME GROUP, INC. Futures marketplace
  • BLOCKCHAIN ASSOCIATION The Blockchain Association is a trade association representing the blockchain industry
  • DEFI EDUCATION FUND Decentralized finance education.
  • SOFI TECHNOLOGIES, INC. SoFi is a member-centric one-stop shop for digital financial services.
  • CRYPTO COUNCIL FOR INNOVATION Trade association engaged on legal and regulatory matters related to cryptocurrency.
  • INTERNATIONAL SWAPS & DERIVATIVES ASSOCIATION INC
  • SMARTCONTRACT INC. Technology company
  • EXODUS MOVEMENT, INC. Providing users with a noncustodial software wallet to safely manage their digital assets
  • AMERICAN BANKERS ASSOCIATION professional association representing US banks
  • VISA, INC. global financial services

Source: Senate LDA filings

Lets crypto projects raise up to $50 million a year without SEC registration and the disclosures it requires, and moves oversight of many tokens to the CFTC. Exchanges may use customers' crypto outside segregated accounts with written consent, which removes its bankruptcy protection. State securities regulators opposed the bill as a limit on their authority to pursue crypto fraud.