Scaramucci: GOP Stalling Crypto Bill to Blame Democrats, Seek Donations

Polymarket data show the probability of the CLARITY Act becoming law in 2026 at 31% as of Monday. That is down from earlier levels after the Senate delayed the bill last month (see related coverage).

The timing matters. With the Senate out of session for most of August, and September crowded by budget negotiations and appropriations, the window for a crypto bill vote is narrow. If the legislation misses both the pre-recess and September slots, the next realistic chance comes after the midterms – when the political calculus shifts entirely. That would leave the digital asset industry without the regulatory clarity the CLARITY Act was designed to provide, extending the uncertainty that has kept some institutional investors on the sidelines.

Scaramucci's accusation that Republicans are using the bill as a fundraising tool rather than a policy priority echoes broader frustration in crypto circles. The industry has spent heavily on lobbying in recent cycles, and some executives now question whether that money is producing results. A source close to crypto lobbying efforts told AlphaScala that several firms are reviewing their political donation strategies in light of the delay.

Lummis pushed back on the notion that Republicans are stalling. She said the party is unified behind the bill but faces procedural hurdles in a chamber where any single senator can slow legislation. The bill needs 60 votes to overcome a filibuster, and Democrats have not committed to supporting it.

For traders and investors tracking the legislative path, the key date is Aug. 7. If the CLARITY Act does not reach the floor before then, the probability of a 2025 passage drops sharply, and the focus shifts to the midterm election outcome and the next Congress.