White House crypto advisor Patrick Witt has asked Democrats on the Senate Agriculture Committee to support a new crypto market structure bill ahead of the January 27 increase. His call came after the committee released a revised bill following months of talks that failed to reach a bipartisan agreement.
Witt said the Senate bill is more than 80% similar to the House of Representatives’ CLARITY Act, which previously received support from several Democrats. He noted that the House version was supported by 17 Democrats on the Agriculture Committee and nearly 40% of House Democrats overall, including Nancy Pelosi, Pete Aguilar and Ted Lieu.
Despite these agreements, the Senate Agriculture Committee, led by Chairman John Boozman, confirmed that no Democrats have publicly supported the bill to date. Senator Cory Booker, who led Democratic negotiations for months, also did not endorse it.
The recently released Senate market structure bill is a quality bipartisan product that deserves support from the entire committee at Tuesday’s markup.
The text is +80% similar to House CLARITY – a bill that received the support of 17/24 Democrats on the Ag Committee and almost 40%…
— Patrick Witt (@patrickjwitt) January 22, 2026
Crypto bill in the Senate provokes mixed reactions from the sector
However, cryptojournalist Eleanor Terrett reported that Booker’s team said he will continue to work with Boozman, leaving open the possibility of future support from both parties. Witt said the revised bill includes changes Booker requested to make it more attractive to Democrats. He also praised Boozman for being transparent during the negotiations.
The bill received mixed reactions from the crypto industry. Coinbase Chief Legal Officer Paul Grewal said the bill is a good starting point, but it still needs work. Ji Hun Kim of the Crypto Council for Innovation said the bill is an important step toward clearer rules and better consumer protection.
Others were more critical. Analyst NekoZ said giving the CFTC more authority could reduce regulatory confusion, while Bart Mol of the Satoshi Radio Podcast warned that the bill is too complex and could lead to delays.
Meanwhile, a separate crypto bill from the Senate Banking Committee is also facing delays, with an increase unlikely until the end of next month. President Donald Trump recently said he hopes to sign a crypto market structure bill into law soon, but there is still no clear timeline for when a bill could become law.
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