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CLARITY Act faces Senate time crunch before August recess
The CLARITY Act faces a tight Senate calendar as Thune prioritizes Russia sanctions and Clayton's confirmation, narrowing the window before August recess.
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The Senate's packed legislative calendar is narrowing the window for the CLARITY Act, even as the bill moves closer to a decisive procedural stage.
On July 28, lawmakers will focus on Jay Clayton's confirmation and the cloture process for H.R. 5334, the legislative vehicle for the Lindsey O. Graham Sanctioning Russia Act of 2026. Senate Majority Leader John Thune is expected to prioritize those measures first, leaving the crypto market structure bill awaiting floor time.
Since the Senate generally advances one contested measure at a time, those priorities reduce the time available before the August recess for digital asset legislation. That does not weaken the bill's momentum. It has already cleared the House and Senate Banking Committee and remains on track for a possible floor vote during the week of August 3.
Any procedural delay would postpone the proposed 180-day implementation period, extending regulatory uncertainty for exchanges, issuers, and institutional investors awaiting a clearer U.S. digital asset framework, according to people familiar with the schedule.