HR 3633, the Digital Asset Market Clarity Act of 2025, divides digital-asset oversight between the SEC and CFTC. The House passed it 294–134 on July 17, 2025; the Senate Banking Committee ordered it reported favorably on May 14, 2026. The single most informative pattern in the data: the bipartisan cosponsor list was bought before the bill existed — crypto super PACs spent $4.4M+ in 2024 supporting seven candidates who subsequently became HR 3633 cosponsors.
On April 16, 2026, Rep. Hageman (R-WY) and Sen. Cruz (R-TX) introduced identical bills to immunize fossil-fuel companies from climate-damage lawsuits. This brief connects the bill text, the cosponsors, the trade associations whose member companies wrote the rule, and the PAC money flowing into every signature on it.