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Reporter’s Notebook: Countdown is on as Senate races to pass crypto, college sports bills
Senate takes up CLARITY Act aimed at regulating cryptocurrency
Fox News chief congressional correspondent Chad Pergram has the latest on Congress debating the CLARITY Act, legislation aimed at establishing a federal regulatory framework for cryptocurrency and digital assets, as lawmakers weigh its potential impact on investors, financial markets and the future of the U.S. crypto industry on ‘Special Report.’
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It’s a twofer in the Senate.
Senators return to Washington Monday for the first time since the wee hours of Aug. 8. The Senate’s slated to meet for three weeks before heading home for the midterms — if the session even goes that long.
There are a lot of items senators want to tackle. But only two big ones are lined up for test votes right now.
The first legislative vote is locked in. It’s a procedural vote on a measure to regulate cryptocurrency. That comes Tuesday afternoon. The bill needs 60 votes to be in play.
REPORTER’S NOTEBOOK: SUMMER ENDS, BUT THE SENATE’S FALL CRUNCH BEGINS
President Donald Trump speaks in the Oval Office of the White House on Thursday, Aug. 27, 2026, in Washington, D.C. (AP Photo/Manuel Balce Ceneta)
There’s no bigger advocate for cryptocurrency than President Trump. He’s pushing for the Senate to move legislation.
«We ended the war on crypto once and for all,» said the President. «Now we need Congress to take the next step by passing the Clarity Act.»
Let’s clarify what the Clarity Act does. The measure clarifies federal rules for digital currencies and tokens. The framework would divide oversight between two regulators: The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CTFC). Approval of the bill would be the first step toward establishing guardrails for cryptocurrency.
«We passed the Clarity Act in the House last summer with 78 Democratic votes. It’s now time for the Senate to join us,» said House Financial Services Committee Chairman French Hill, R-Ark., on Fox Business.
The package has bipartisan support. But there’s a roadblock coming from the Democrats.
«The one remaining significant issue, I think, is the ethics provision,» said Hill.
President Trump’s own financial disclosure report reveals he earned $1.4 billion on cryptocurrency last year alone. That’s why Democrats want specific rules for the Trump family and crypto.
«It basically exempts the President from any kind of ethical constraints. And that’s just not going to fly in the Democratic caucus,» said Sen. Adam Schiff, D-Calif.
Sen. Elizabeth Warren, D-Mass., says the bill is too closely aligned with what the President and his industry allies want.
«Yes. We need crypto legislation. But not this legislation that has been written by this industry,» said Warren. «I just don’t see how anyone, Democrat or Republican, moves forward on this bill.»
That’s why many doubt the measure can score 60 votes twice to break a filibuster. The naysaying aggravates cryptocurrency advocates.
«This is the right bill at the right time, and it’s time to vote,» said Sen. Cynthia Lummis, R-Wy.
She argues that crypto supporters bowed to demands to firm up ethics rules.
«In 2023, we added 100 pages with stronger consumer protection provisions. Yet we got feedback from colleagues that they wanted more. So again, we listened. Today, this bill that was under 300 pages is more than 600 pages. That’s hundreds of pages built over 11 months of daily bipartisan negotiations in windowless rooms where colleagues from both parties shared their priorities, and we worked diligently to incorporate them,» said an exasperated Lummis.
Warren argues that the bill makes it easier for drug runners and terrorists to fund their operations — without a literal paper trail.
TED CRUZ URGES SENATE TO STAY IN WASHINGTON UNTIL PROTECT COLLEGE SPORTS ACT PASSES THIS WEEK
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing and Urban Affairs Committee, speaks during a hearing in Washington, D.C., on Thursday, Feb. 5, 2026. (Kent Nishimura / Bloomberg via Getty Images)
Lummis says if the U.S. doesn’t establish its cryptocurrency blueprint, digital assets could flee overseas.
«These companies can go to Singapore, Switzerland, the UAE and have a well-understood clear set of regulations,» said Lummis.
So that test vote is locked in. But it’s rare to pass a major financial regulatory measure this close to the midterms. And if Democrats prevail in November, that could create friction with the White House.
The Senate also expects a test vote before the end of September on a bill to regulate money in college sports. But there’s no specific agreement on a date for that roll call tally.
You know the old saying that there’s no such thing as bad publicity? Well, the «bad» publicity surrounding college football could potentially provide this legislation a boost.
President Trump implored senators to stay in Washington to finish the bill last month. But it wasn’t ready. However, controversies over former pro players heading back to college — to say nothing of clock maintenance at the University of Michigan — could prod skeptical senators to give this measure another look.
Let’s start with LSU tight end Dae’Quan Wright. If you can keep up with him.
Last year, Wright played for current LSU head coach Lane Kiffin last year at Ole Miss — before Kiffin abandoned his squad late in the season for the Tigers. Wright decided to go pro. The Philadelphia Eagles picked him up in the spring. But then waved Wright early last month. The Cleveland Browns then signed Wright. He dressed for a preseason game against the Buffalo Bills. Never played a snap. Then the Browns cut him.
So, Wright headed back to school. But this time, at LSU.
«I’m just putting on a college uniform again and going out there and having fun and embracing my opportunity,» said Wright.
A judge then cleared Wright and former Ole Miss defensive lineman Zxavian Harris to play for LSU this fall. But in between, Harris appeared in preseason camp with the New Orleans Saints — before the team waived him.
Drew Rosenhaus is Wright’s agent. He believes his client had no other option after his brief cup of coffee in the pros.
«His contract with the NFL was terminated,» said Rosenhaus. «If he was still able to play in the NFL, he would be there.»
Chaos like this is prodding lawmakers to try to regulate intercollegiate athletics.
«It’s not fair to the high school kids coming out to play college ball if you suddenly have colleges that are going and recruiting from the NFL,» said Senate Commerce Committee Chairman Ted Cruz, R-Texas.
Cruz teamed up with Sen. Maria Cantwell, D-Wash., the top Democrat on the Commerce panel, to craft the college athletics regulation measure.
One big restriction: the legislation limits athletes to one transfer.
«The transfer portal is out of control. You have athletes transferring two, three, four times. You have essentially no eligibility rules. So you have athletes competing six, seven, eight years. You have 28-year-olds competing against 17-year-old kids,» said Cruz.
The constant darting around from school to school worries the Trump administration, too.
LAWMAKERS PRAISE BIPARTISAN EFFORTS LED BY TRUMP ADMIN TO ‘PROTECT COLLEGE SPORTS FOR FUTURE GENERATIONS’
The U.S. Capitol building is shown in Washington, D.C. A Romanian man admitted to participating in a series of «swatting» calls that targeted members of Congress, as well as other government officials. (Heather Diehl/Getty Images)
«It’s a crazy system, man,» said Vice President JD Vance to colleague Lucas Tomlinson. «When I was growing up…you would get some loyalty, between the athletes and the fan bases. You would know the names of the people who played for your team because they were there for three or four years.»
The Cruz/Cantwell package also caps money schools can use for name, image and likeness, or NIL. And, considering the recent contretemps, the legislation bars athletes from going pro. Then reversing field to college.
The White House tapped legendary former Alabama football coach Nick Saban to push for passage of the bill.
«Join the winning team today and help Congress protect this American tradition,» says Saban in the commercial now airing around the country.
But even if the bill gets through the Senate, it faces an unclear path in the House. The House returns to session Monday, too. But it’s unclear how long its members will stick around with the midterms looming.
«I’ve had coach Saban in my office, and we’ve talked about this, and he’s right,» said House Speaker Mike Johnson, R-La. «I think Congress is ready to act. But it takes both chambers.»
In other words, just like there’s a play clock in football, there’s a play clock in Congress, too.
«I appreciate the exuberance of our Senate colleagues,» said House Democratic Caucus Chairman Pete Aguilar, D-Calif. «But I don’t know if there’s enough days to get this done.»
Time may be the enemy of both the cryptocurrency bill and the college athletics bill. Lawmakers return to Capitol Hill with one foot practically out the door, headed back toward the airport.
It’s a Senate twofer. But if things don’t sail smoothly on either or both bills, there may be little reason to anchor lawmakers to Washington. And if lawmakers don’t address these bills now, potential legislative fixes may evaporate until the new Congress begins in January.
politics, congress, legislation, senate, ted cruz, elizabeth warren
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El Niño amenaza con encarecer alimentos, energía y logística en Centroamérica y República Dominicana durante 2027
El fenómeno de El Niño podría trasladar sus efectos a la economía de Centroamérica y República Dominicana, a través de un aumento en los precios de los alimentos y la electricidad, restricciones para el transporte marítimo y presiones sobre la actividad productiva.
El reporte “Perspectivas económicas de Centroamérica, Panamá y República Dominicana”, elaborado por Deloitte, advierte que el impacto más marcado puede concentrarse en 2027.
El fenómeno de El Niño comenzó oficialmente el 11 de junio de 2026. En julio, el Centro de Predicción Climática de la Administración Nacional Oceánica y Atmosférica de Estados Unidos estimó en 81% la probabilidad de que alcance una intensidad “muy fuerte” entre octubre y diciembre. Si se confirma, estaría entre los eventos más intensos registrados desde 1950.
La principal consecuencia climática prevista para la región es la sequía. La fase cálida del fenómeno ENOS, sigla de El Niño-Oscilación del Sur, suele asociarse con menores lluvias, temperaturas más altas y estrés hídrico, sobre todo en la vertiente del Pacífico y el Corredor Seco.
La menor disponibilidad de agua puede afectar tanto a la agricultura como a la generación de energía y la operación logística de Panamá.
Menor oferta de granos básicos
El reporte identifica a la producción agropecuaria como una de las primeras vías de consecuencias del fenómeno hacia los hogares.
La sequía puede reducir la oferta de granos básicos en el Corredor Seco, mientras que el encarecimiento de fertilizantes y diésel puede elevar los costos de producción y trasladarse a los precios finales de los alimentos.
El impacto sobre la canasta alimentaria podría extenderse hasta 2027, de acuerdo con las proyecciones incluidas en el estudio. El café también aparece entre las actividades expuestas a los efectos del menor régimen de lluvias y las temperaturas más elevadas.
El informe incluye entre los temas a seguir la persistencia de aumentos en alimentos y energéticos, junto con la evolución del conflicto en Medio Oriente y su incidencia sobre los precios internacionales del petróleo.
La sequía amenaza la energía hidroeléctrica y la operación del Canal de Panamá
La sequía también amenaza la generación hidroeléctrica. Si caen los niveles de agua disponibles para las plantas, los países deberán compensar parte de esa producción con fuentes térmicas, que implican mayores costos por el uso de combustibles.
El documento señala que una menor generación hidroeléctrica puede presionar las tarifas eléctricas al alza. El aumento de ese costo tendría efectos sobre los presupuestos familiares y sobre empresas que dependen de electricidad para sus procesos productivos.
A la vez, los gobiernos podrían enfrentar una mayor carga fiscal si aplican subsidios energéticos o programas de apoyo para contener el impacto de las tarifas. El reporte considera esos desembolsos como uno de los factores que podrían modificar el escenario económico de la región durante 2026 y 2027.
En Panamá, las condiciones de sequía pueden afectar los niveles de agua necesarios para la operación del Canal. El análisis contempla posibles restricciones de calado y dificultades logísticas como una de las cuatro vías principales por las cuales El Niño puede repercutir en la economía regional.
Las limitaciones sobre el calado de los buques podrían incidir en la actividad del Canal de Panamá y en las cadenas de suministro. El reporte sitúa a la logística y al transporte entre los sectores que deben monitorearse ante una eventual profundización del fenómeno.
La advertencia adquiere relevancia para una economía en la que el comercio y el transporte figuran entre las actividades que lideran el crecimiento.
El reporte diferencia dos etapas. Durante 2026 prevé la consolidación del fenómeno, alertas para el sector agrícola, ajustes tarifarios y las primeras posibles restricciones al tránsito marítimo. Para 2027, en cambio, anticipa que los efectos más fuertes pueden manifestarse sobre los embalses, las cosechas y el Canal de Panamá.
En todos los casos, el documento plantea que los efectos del clima se combinarán con otros factores económicos, como la evolución de las remesas, los precios de los combustibles, el desempeño de Estados Unidos y la trayectoria de la inflación.
sequía,Canal de Panamá,agricultura,energía hidroeléctrica,transporte marítimo
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White House unloads on violent ‘criminal alien’ nabbed after investigators uncover election offense
DETAILS: Non-citizen BUSTED over voter registration
Federal prosecutors charge a Honduran national with voter fraud in California after he allegedly registered to vote under an alias and cast ballots in multiple elections. Fox News’ Matt Finn reports on the federal indictment details, revealing the suspect received a voter registration card using a gym membership. The case highlights ongoing debates surrounding voter identification laws.
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A Bahamian national who arrived in the U.S. during President Gerald Ford’s administration and was living with a green card while racking up a violent rap sheet before investigators found he voted illegally in the 2020 election, sparking the deportation process, officials say.
The case of Anthony Tyrone Higgs is only the latest in a slew of arrests connected to illegal votes cast in recent elections, as the Trump administration engages in a broader crackdown on election integrity-related crimes.
«This alien was a guest in our country who forfeited his right to be in the U.S. when he committed these violent crimes and voted in the 2020 election,» White House spokeswoman Lauren Bis exclusively told Fox News Digital on Friday.
ICE ARRESTS PERUVIAN NATIONAL ACCUSED OF ILLEGALLY VOTING IN 2024 ELECTION AS DHS CITES SIMILAR CASES
ICE agents assemble in Minnesota, left; Anthony Tyrone Higgs, inset right. (Charly Triballeau/Getty Images; DHS)
«Any non-citizens who vote illegally in our elections will be arrested and removed. American elections are only for Americans.»
Homeland Security Investigations (HSI), a division of DHS, confirmed in a statement that Higgs had illegally voted in the 2020 election.
FORMER KANSAS MAYOR WHO PLEADED GUILTY TO ILLEGAL VOTING TURNS HIMSELF IN TO ICE
HSI’s Atlanta office arrested Higgs in Decatur, Georgia on September 3, and he is currently in the custody of ERO, the ICE subdivision that handles migrant removal operations.
Higgs was admitted into the U.S. in October 1976 as a Lawful Permanent Resident – commonly dubbed a Green Card holder. The Trump DHS has since placed him in proceedings to revoke his immigration status due to his lengthy rap sheet.
TRUMP DOJ UNLEASHES LARGEST DENATURALIZATION EFFORT IN DEPARTMENT HISTORY — AND SAYS IT’S ‘ONLY THE BEGINNING’
Sen. Markwayne Mullin, R-Okla., speaks to reporters at the Capitol in Washington, Thursday, March 5, 2026. (J. Scott Applewhite/AP Photo)
«This criminal alien from the Bahamas has a rap sheet for multiple violent crimes, including armed robbery, domestic violence, and assault on a police officer,» DHS Secretary Markwayne Mullin said.
«On top of all of that, he illegally voted in the 2020 election,» he added.
MORE THAN A QUARTER-MILLION NONCITIZENS MAY BE REGISTERED TO VOTE IN 4 KEY STATES, DHS ALLEGES
A Homeland Security Investigations logo is displayed ahead of Super Bowl LIX security operations in New Orleans on Feb. 5, 2025. An HSI special agent has since been indicted on multiple felony charges in Alabama. (Aaron M. Sprecher/Getty Images)
Higgs’ record also includes resisting arrest, two counts of grand larceny and two counts of possession of a weapon during a violent crime.
Of the voting-related charge, Mullin said that just one noncitizen casting a ballot is enough to cancel out an American citizen’s vote.
«Thanks to the hard work of the men and women of ICE, this criminal will be removed from our country and can never interfere in our elections again,» he continued.
DHS also provided several other recent cases of illegal immigrants or ineligible voters committing or being charged with election-related crimes.
In August, Colombian illegal immigrant Carlos Jaramillo-Grajales was sentenced to three years in prison following an ICE investigation that led to a guilty plea in a case where he was found to have committed identity theft to illegally vote in elections for more than 20 years, according to the agency.
«Federal immigration laws serve to safeguard our nation’s borders and protect the integrity of our government,» said Gregory Kehoe, U.S. Attorney for the Middle District of Florida.
«Those who seek to circumvent, exploit, or break these laws will be prosecuted fully,» he said in an August statement.
In New Jersey, a Slovakian national was found to have illegally voted in the 2022 midterms, according to HSI – which also cited the case of an Australian national accused of illegally casting ballots in both 2022 and 2024 in Louisiana.
Mauritanian national Mahady Sacko was busted by an ICE and FBI partnership in Democrat-run Philadelphia, and charged with voter fraud.
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Sacko allegedly voted illegally multiple times going back to 2008. He was already under an order of removal, DHS said in a statement, stating that he «exhausted all appeals» and an immigration board upheld his removal order as of 2002 but he remained in the country.
Returning to the case of Higgs, Mullin added in a statement: «Thanks to the hard work of the men and women of ICE, this criminal will be removed from our country and can never interfere in our elections again.»
voter fraud concerns, deportation, illegal immigrants, migrant crime, politics, voting, immigration, donald trump, white house
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Mayor Zohran Mamdani’s presence at Friday’s 9/11 remembrance at Ground Zero drew criticism from some in the city, including one former police officer who said the mayor «probably should have skipped it» and another mourner who called his appearance «disrespectful» and «very offensive.»
Mamdani has faced criticism over his associations with controversial political and online figures, as well as his decision to appoint Ramzi Kassem as his administration’s chief counsel. Kassem previously represented a Guantánamo detainee linked to an al Qaeda terrorist plot.
Former New York Republican Gov. George Pataki, 9/11-era FDNY Commissioner Thomas von Essen and others called on Mamdani to skip the ceremony.
«He showed up anyway. It does bother us,» Walter Matuza, whose father Walter was killed that day, told Fox News Digital.
MAMDANI HEADS TO 9/11 MEMORIAL DESPITE 110,000-SIGNATURE PUSH FROM VICTIMS’ FAMILIES TO STAY AWAY
New York first gentleman William Hochul Jr., New York Mayor Zohran Mamdani and Gov. Mikie Sherrill (Hiroko Masuike/Getty Images)
Matuza said he was part of the group of victims’ families that initiated the petition to keep Mamdani away.
He cited Mamdani’s association with streamer Hasan Piker, who once said America «deserved 9/11,» as well as Mamdani’s appointment of Kassem.
MAMDANI UNDER FIRE AFTER SYMBOLIC 9/11 PEN GOES TO FORMER AL QAEDA DEFENSE LAWYER
New York City Mayor Zohran Mamdani and Police Commissioner Jessica Tisch announce a new memorial honoring victims of 9/11 inside 1 Police Plaza in New York, N.Y., Sept. 9, 2026. (Cristina Matuozzi/Sipa USA via Reuters Connect)
Matuza, of Staten Island, said his father was one of dozens at Carr Futures brokerage who died after American Airlines Flight 11 struck the north tower just above their 92nd floor offices.
Mike, a former New Jersey police officer, told Fox News Digital he recalled watching the terror unfold on television from across the Hudson – and later came to Manhattan to help relieve exhausted NYPD officers stuck at their posts.
«Based on the rhetoric that he’s used in the past. Yeah, he probably should have skipped it,» Mike said of Mamdani.
He added that Mamdani’s appointment of Kassem also troubled him, saying the mayor could’ve handled the situation in a «whole different way.»
FAMILIES OF 9/11 VICTIMS’ MESSAGE TO MAMDANI: ‘PLEASE DO NOT COME’ TO MEMORIAL CEREMONY
«But, he did it and unfortunately people aren’t going to forget it.»
Another mourner called Mamdani a «communist» when asked about his appearance on Friday, adding that the memorial was «not supposed to be a political event.»
Steven, who traveled all the way to New York from Hobe Sound, Florida, to attend the remembrance, lambasted Mamdani’s presence as «disrespectful» and «offensive.»
ZOHRAN MAMDANI URGED TO SKIP NEW YORK CITY’S 9/11 MEMORIAL: ‘VILE ANTISEMITE’
«I’ve been following that over the past couple weeks and I saw that I think they had upwards of 700,000 New Yorkers requesting him not to be here. I mean, as the mayor, I would assume he has the right to be here…. But who he represents and the people he’s affiliated with… I feel that he should stay away. I don’t feel that his presence here is wanted, and I think he should honor that as a human being.»
The petition had garnered more than 110,000 signatures at the time, according to the petition’s tally.
Steven called Kassem’s appointment «hideous» and added that the youngest generation who does not remember or did not live through 9/11 are suffering from «incorrect information» and do not understand the reality of the terror attack.
He said he will educate his children on 9/11 so that they do not go down the same ideological road.
Attendee John told Fox News Digital that Mamdani does have a right to attend.
John said he lost friends including at now-Commerce Secretary Howard Lutnick’s Cantor-Fitzgerald firm – which lost more than 650 people; the most of any company in the Twin Towers that day – and that as long as Mamdani is respectful to the fallen Americans being remembered, he is «fine» with the Democrat attending.
Fox News Digital reached out to Mamdani for comment.
In a prior statement, the mayor said he is proud of New York and «love[s] this city [and] country.»
«[W]hat I want this week to be a focus on is on the families whose loved ones were stolen from them 25 years ago in the horrific act of terror of September 11, and a focus also on the first responders who gave everything they could to this city and to the people who came together to try and help their fellow New Yorkers.»
During the ceremony, footage captured Mamdani approaching and greeting his 9/11-era predecessor, Republican Rudolph Giuliani.
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The two could be seen appearing to exchange brief pleasantries before Giuliani turned and sat down and an aide began speaking to the incumbent mayor.
All living former presidents reportedly attended the ceremony, as President Donald Trump instead visited the Pentagon’s remembrance before departing for County Clare, Ireland from nearby Andrews Air Force Base.
zohran mamdani, september 11, new york city, politics, new york, republicans elections, democrats senate
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