{"database": "press", "table": "releases", "rows": [["https://dustyjohnson.house.gov/media/press-releases/johnsons-landmark-digital-asset-framework-legislation-passes-house", "Johnson\u2019s Landmark Digital Asset Framework Legislation Passes House", "2025-07-17", "2025", "2025-07", "Republican", "House", "SD", "Dusty Johnson", "J000301", "dustyjohnson.house.gov", "dustyjohnson", "https://dustyjohnson.house.gov/media/press-releases", "scraper", "Washington, D.C. \u2013 Today, the Digital Asset Market Clarity (CLARITY) Act passed the U.S. House by a 294-134 vote. The CLARITY Act would establish a clear regulatory framework for digital assets in the United States, protect consumers and investors, and keep innovation in America.\n\nU.S. Representative Dusty Johnson (R-S.D.), Chairman of the Agriculture subcommittee on digital assets, introduced this legislation in May along with Committee on Agriculture Chairman G.T. Thompson (R-PA), Majority Whip Tom Emmer (R-MN), Committee on Financial Services Chairman French Hill (R-AR), and Financial Services subcommittee on digital assets Chairman Bryan Steil (R-WI). The CLARITY Act passed the House Agriculture Committee and House Financial Services Committee with bipartisan support in June.\n\n\u201cIf America doesn\u2019t lead in digital asset development, we risk losing innovation to Europe or our adversary China,\u201d said Johnson. \u201cOur CLARITY Act puts in place a strong, commonsense framework to give developers and consumers the certainty they need to thrive in the United States. I\u2019m grateful for the work of my colleagues who helped get this bill across the finish line in the House and I am hopeful the Senate acts soon \u2013 there is no time to waste.\u201d\n\n\u201cToday\u2019s bipartisan passage of the CLARITY Act marks a historic step forward in delivering clear rules of the road for America\u2019s digital asset ecosystem,\u201d said Chairman Thompson. \u201cThis bill delivers on President Trump\u2019s goal of making the United States the crypto capital of the world by providing the regulatory certainty needed to foster innovation, safeguard consumers, and ensure America leads in the next generation of financial technology.\u201d\n\n\u201cAt present, there is no established market structure to protect consumers or provide clear rules of the road for businesses and innovators. It\u2019s the wild, wild west! Congress must deliver market structure legislation that brings clarity,\u201d said Rep. Don Davis (D-NC), Ranking Member of the Agriculture subcommittee on digital assets. \u201cMillions of Americans are holding cryptocurrency, using it in financial transactions, or using other digital tokens as part of new, innovative technologies and services. There must be consumer protections, and the United States must lead.\u201d\n\nClick here for Johnson\u2019s floor remarks\n\nThe CLARITY Act will:\n\nEstablish clear regulatory lanes between the two market regulators: Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).\n\nDigital asset developers will have a clear pathway to raise funds under the SEC\u2019s jurisdiction.\n\nMarket participants will have a trusted pathway to trade digital commodities through intermediaries and exchanges overseen by the CFTC.\n\nProtect consumers by requiring developers to provide accurate, relevant disclosures, including information relating to the digital asset project\u2019s operation, ownership, and structure.\n\nBackground:\n\nDigital assets and related blockchain technology have the potential to form the foundation of the next generation of internet innovation.\n\nHowever, regulation-by-enforcement and ongoing regulatory ambiguity have stifled innovative potential while leaving consumers unprotected.\n\nClick here for the text of the Digital Asset Market Clarity (CLARITY) Act.\n\nClick here for a section-by-section.\n\nClick here for a three-pager.", 1, "2026-03-30T01:40:41Z", "2026-04-07T14:40:33Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://dustyjohnson.house.gov/media/press-releases/johnsons-landmark-digital-asset-framework-legislation-passes-house"], "units": {}, "query_ms": 1.7773450817912817, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}