Democratic Senators Led by Warren Submit Over 100 Amendments Against CLARITY Act's DeFi Protections

According to BlockBeats, on May 14, Democratic senators led by Elizabeth Warren submitted over 100 amendments ahead of today's U.S. Senate Banking Committee review of the CLARITY Act, targeting core DeFi protection provisions including blockchain regulatory certainty, non-custodial developer safeguards, and expanded BSA/AML obligations.

Republican lead negotiator Senator Lummis stated both parties have reached consensus on 99% of the bill's content, with hopes to advance committee approval and address remaining disagreements later. The Senate Banking Committee hearing is expected today to proceed along party lines, with five pro-crypto Democratic senators' final votes remaining uncertain.