Key Takeaways Republicans say the 126 revisions reflect Democrats’ negotiating requests. Changes narrow issuer exemptions and expand SEC and CFTC oversight. Sept. 15 cloture concerns starting debate, not final passage. What the 126 Democrat-Requested Changes Cover The 126 changes are revisions to the existing CLARITY Act rather than a separate legislative package. They modify how federal agencies would classify and oversee digital assets and what obligations would apply to token issuers, exchanges, banks, developers, and government officials. Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis of Wyoming, Senate Agriculture Committee Chairman John Boozman of Arkansas, and Senate Banking Committee Chairman …