Sen. Tim Scott Pushes for December Vote on Crypto Legislation Amid Political Gridlock
Senator Tim Scott has called for the Senate to expedite a vote on pending cryptocurrency legislation before year-end. During a Fox Business interview, he outlined a revised timeline aiming to break months of legislative stagnation. The bill, requiring approval from both Banking and Agriculture committees, seeks to clarify jurisdictional boundaries between the SEC and CFTC.
Scott framed the legislation as critical for consumer protection, industry clarity, and U.S. economic competitiveness. "This isn't about partisan wins—it's about securing America's financial leadership for the next 100 years," he asserted, accusing Democrats of deliberately delaying progress during election season. The senator now targets committee markups by December, with potential Senate floor action by early 2026.