Andrew Cuomo Urges Congress to Revive CLARITY Act After Senate Setback

Former New York Gov. Andrew Cuomo is urging Congress to revive the CLARITY Act after the Senate failed to advance the crypto market structure bill in September. He said lawmakers should return to the legislation after the midterm elections and establish more durable federal rules for digital assets.

Cuomo Calls for Congressional Action

Cuomo said U.S. crypto policy remains too dependent on agency-level regulation that can change between administrations. He argued that legislation enacted by Congress would provide greater regulatory certainty. Speaking in a Sept. 29 interview, Cuomo said lawmakers should reconsider the measure during the post-election session.

“We desperately needed it, and we still do.”

Tillis Motion Keeps Another Vote Possible

The Senate failed to invoke cloture on a motion to proceed to H.R. 3633 on Sept. 15. The 49-50 vote fell short of the 60 votes required to advance the measure. The vote was not a final rejection of the bill. Sen. Thom Tillis entered a motion to reconsider after the failed cloture vote, preserving the possibility of another Senate vote.

The Senate Banking Committee had previously advanced the legislation 15-9 in May. The House passed the CLARITY Act 294-134 in July 2025.

Cuomo Has Professional Ties to Crypto

Cuomo’s push comes after he took formal roles in the digital asset industry. OKX appointed him to its board in July after he previously advised the company on U.S. regulatory and institutional strategy. He also co-chairs OKXICE, a venture involving OKX and Intercontinental Exchange focused on digital and tokenized financial products. Those positions give Cuomo direct professional ties to crypto businesses that could be affected by future U.S. regulation.

The CLARITY Act remains stalled following the September procedural vote. Its next opportunity to advance could come during the post-election session through reconsideration or renewed negotiations.