The United States Senate rejected cloture on the motion to proceed to H.R. 3633 on 15 September 2026. The Senate roll call record for the 119th Congress, 2nd Session lists the question as cloture on the motion to proceed and records the outcome as Cloture on the Motion to Proceed Rejected. Roll Call Vote 234, taken at 2:19 pm, recorded 49 yeas, 50 nays and one senator not voting. The motion to proceed therefore failed and the Senate did not begin floor consideration of the measure.
H.R. 3633 is recorded by the Senate as legislation to establish regulatory rules for digital commodities and to modify Federal Reserve authority over central bank digital currency products. The Senate roll call states the required majority for the question as three fifths of senators duly chosen and sworn. With 49 yeas recorded, that threshold was not reached, and under Senate practice a failed cloture motion leaves the measure without the floor time that consideration would require.
Digital asset exchanges, broker dealers, token issuers and custodians operating in the United States continue under the existing division of authority, in which the Securities and Exchange Commission and the Commodity Futures Trading Commission each assert jurisdiction according to how a given asset is characterised. Firms that deferred registration decisions, venue listings or product launches while awaiting a statutory allocation of jurisdiction have no enacted statute to plan against. Market makers and custodians that built compliance plans around digital commodity legislation passing this session are returned to the position that applied before 15 September 2026.
Rejection of cloture ends this attempt at floor consideration rather than the measure itself. Cloture may be filed again on the same motion, and a 49 to 50 division leaves the result turning on a small number of senators. Any renewed attempt has to come before the 119th Congress ends, after which the measure would need to be reintroduced and taken through both chambers again.
Licentium advises digital asset exchanges, token issuers, custodians and funds on United States and cross border market structure regulation. Work we undertake includes characterisation of digital assets under securities and commodities law, registration and licensing strategy across SEC and CFTC regimes, legislative tracking, and structuring of products whose treatment depends on pending statutory change.
Source: United States Senate, Roll Call Vote 234, 119th Congress 2nd Session, 15 September 2026