Senator Cynthia Lummis announced that the CLARITY Act is still scheduled for a Senate vote before the August recess. The bill, which already passed the House in July 2025 and cleared the Senate Banking Committee in May 2026, faces delays due to debates over floor time allocation and an unresolved ethics dispute. Despite these obstacles, Lummis expressed confidence that Senate Majority Leader John Thune intends to proceed with the vote. Markets appear to interpret this announcement as a positive indicator for the bill’s prospects.
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