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LexRegPulse Daily - Sep 15, 2026

Morgan here. This is LexRegPulse Daily for Tuesday, September 15, 2026.

The Senate votes today on cloture for the CLARITY Act — the digital-asset market structure bill — and the deciding fight isn't about crypto regulation at all. It's about deposits. Sixty votes are needed, meaning roughly nine Democrats have to cross over. The real question: can stablecoin issuers pay yield on balances that would otherwise sit in community bank accounts?

Here's the shape of it. The revised text gives regulators a short window to shut down that yield loophole if it starts pulling deposits. The American…

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