
Thune filed cloture on a college sports bill instead of the crypto market structure act. Kalshi odds fell to 27% for passage before July 2027.
Senate Majority Leader John Thune filed cloture on a college sports bill and a slate of executive nominations Tuesday, leaving the CLARITY Act in limbo for another day. The move signals bipartisan negotiations on the crypto market structure bill remain unresolved, according to crypto journalist Eleanor Terrett.
"Thune has filed cloture on the motion to proceed to the college sports bill," Terrett wrote on X. She said the decision "signals there's still no bipartisan agreement on the Clarity Act," suggesting talks are ongoing as the Senate works through other business.
The Senate Cloakroom reported Thune introduced cloture for Calendar No. 449, S.4668, the Protect College Sports Act of 2026, and for Executive Calendar No. 914, nominating Todd Blanche to be U.S. Attorney General. He also filed cloture on Calendar No. 320, a Continuing Resolution, and on the nomination of Erica Schwartz to lead the CDC.
Without a cloture filing on the CLARITY Act, the Senate cannot start the mandatory procedural countdown that precedes a first cloture vote. The bill's path forward this week is uncertain.
Prediction markets are pricing in a longer wait. Kalshi now puts a 27% chance the CLARITY Act passes before July 1, 2027. The odds rise to 58% before Oct. 1, 2027, and 65% before Jan. 1, 2028. The implied timeline suggests traders expect passage in 2027, not 2026.
Read more: CLARITY Act delay risks US crypto lead, Haridopolos warns
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