Why does anyone care what those retards do? They'll be able to enforce as they are now, and that's it. Beyond that, they'll be harassing open source projects that aren't trying to be bullshit banks, and try to force them via regulatory requirements to whore themselves to the banks. As is, exchanges are starting to look at AML/KYC the right way, that it's regulatory capture that does nothing to improve the safety of their customers, or their funds (and alternatively increases the likelihood they'll get sued by their users for selling their information, or losing it by getting compromised). The only reason it exists (other than to track everyone's money) is to make running an exchange so obscenely expensive, that most won't even try.  

Sounds about right. 49 votes, that's not entry close to the required 60, which means the bill requires significant changes, not just some playing with words without semantic means.

And from what we've seen, significant changes can't really be negotiated here.

Anyway, SEC already signaled their guidance is ready to be released so chances are, nobody will care about the clarity bill anymore soon.

I've never been in a rush to see Clarity pass. They sell the idea like clarity for the industry but it really only clarifies things for exchanges and other custodians who want to hold the keys to our coins. Does anything in the current draft touch self custody or running a node? if not, whatever.. it's a bill about companies. if it does, then that's the part worth reading carefully!