Senator Lummis Says CLARITY Act Ends Need for Lawyers to Review Code, June 21

According to Senator Cynthia Lummis, on June 21, 2026, the Wyoming senator voiced strong support for the CLARITY Act, stating that "software developers should not need an army of lawyers to know if their code is legal." The market structure bill aims to establish clear lines between SEC and CFTC oversight of digital assets, with decentralized commodities like Bitcoin and Ethereum falling under CFTC jurisdiction and securities-like tokens remaining with the SEC.

Following Senate Banking Committee approval in May 2026, the CLARITY Act is moving toward a floor vote, though several issues including stablecoin provisions and jurisdictional coordination still require resolution. Supporters are actively working to secure bipartisan support needed for final passage.