Senate Banking Committee Chairman Tim Scott (R-SC) believes that his committee can maintain a vote on key crypto market construction laws by December of this yr, the U.S. lawmaker mentioned throughout a Fox Enterprise look on Tuesday.
Senator Tim Scott Eyes Crypto Laws Vote
In a November 18 interview with Maria Bartiromo on her program “Mornings With Maria,” Scott mentioned he thinks the Senate Banking Committee will vote on crypto market construction by the tip of subsequent month.
The U.S. lawmaker mentioned that if the crypto invoice had been to cross, the laws would function a method of “defending shoppers whereas growing the probability of America being essentially the most dominant financial energy for the subsequent 100 years.”
“By the tip of this yr, subsequent month, we consider we are able to mark up and vote in each committees and get this to the ground of the Senate early subsequent yr in order that President Trump will signal the laws making America the crypto capital of the world,” Scott mentioned.
Key Crypto Invoice Has Confronted Delays within the Previous
Information of Scott’s newest crypto market construction prediction comes after he vowed to drive a path ahead by the tip of September.
Scott largely deflected duty for the invoice’s delay onto Democrats, claiming the opposite aspect of the aisle has been “stalling.”
“The Democrats have been stalling and stalling and stalling as a result of they don’t need President Trump to make America the crypto capital of the world,” Scott advised Bartiromo. “It’s not only for President Trump, it’s for the American individuals.”
Simply final month, White Home Crypto & AI Czar David Sacks met with U.S. lawmakers on Capitol Hill, the place he acknowledged that the long-awaited crypto invoice might cross earlier than the tip of 2025.
I spent right now on Capitol Hill assembly with the members of the Senate @BankingGOP and @SenateAgGOP Committees; thanks to their respective Chairmen @SenatorTimScott and @JohnBoozman for internet hosting me. I additionally had productive conferences with main Democratic members, and consider we… pic.twitter.com/cf6GxxnydM
— David Sacks (@davidsacks47) October 23, 2025
“I additionally had productive conferences with main Democratic members, and consider we’re in a wonderful place to cross market construction laws with bipartisan assist this yr,” Sacks wrote in an October 23 X submit.
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