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Clarity Act faces Senate hurdle, Thune warns on August vote
Senate Majority Leader Thune wants to start the Clarity Act. He said an August vote is unlikely, leaving the crypto bill with a narrow September window and political hurdles.
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Senate Majority Leader John Thune said he wants to start floor debate on the Digital Asset Market Clarity Act. He told reporters Thursday an August vote is unlikely. "I would like to at least get Clarity started. We'll see where the votes are."
Lawmakers leave for the summer state work period on August 10. They return September 14. Industry groups saw August as the practical deadline before the midterm elections shift priorities. An amended Senate bill would also need House approval before reaching President Trump.
The chamber is working through judicial nominations and the annual defense authorization bill. These items crowd the floor calendar.