The Senate votes on cloture for the motion to proceed to H.R. 3633 today, and analysts say it remains uncertain whether supporters have the 60 votes needed, with industry lobbying running to the last hour. The House passed the bill 294-134 in July 2025, and Senate disagreements over ethics provisions, staking rewards, DeFi and the SEC-CFTC split have stalled it since. Senate Democrats pushed back publicly ahead of the vote, with Elizabeth Warren criticizing the administration's crypto ties. Failure would not kill the bill outright but would push market structure legislation toward a much tighter calendar before the November midterms.