Senate Majority Leader John Thune said the chamber expects a procedural vote on the CLARITY Act before August recess. A Friday vote is possible if cloture is filed Wednesday.
Alpha Score of 37 reflects weak overall profile with weak momentum, weak value, poor quality, moderate sentiment.
Senate Majority Leader John Thune said the chamber still expects to hold a procedural vote on the CLARITY Act before lawmakers leave for the August recess. The bill, which would set federal rules for crypto markets, has not yet appeared on the Senate floor schedule.
Speaking to reporters Monday, Thune ticked through a packed agenda: a continuing resolution, nominations, Russia sanctions legislation, Jonathan Blanche's confirmation, and the CLARITY Act. He acknowledged the time pressure. He said market structure legislation would get a vote. "I think market structure we'll get a vote on. Whether we can get on it or not, we'll see," Thune said.
The bill remains absent from the calendar. The Senate is currently scheduled to hold a cloture vote on H.R. 6500, not the CLARITY Act. No formal motion or final vote has been filed for the crypto bill. Crypto analyst Ted Pillows noted the window is tight. If leadership waits until Wednesday to file cloture, the earliest possible vote would be Friday, he said.
Thune also pointed to Democratic delays on the Russia sanctions package, which needs a time agreement to advance. He said he would ideally like to complete Blanche's confirmation but stopped short of guaranteeing it.
Coinbase CEO Brian Armstrong has pushed for Senate approval. In a post on X, Armstrong called the legislation the result of bipartisan work. He said it would strengthen consumer protections, enhance law enforcement oversight, and support digital asset innovation. He urged senators to back what he called "common sense" rules for the industry.
The odds of passage before the recess have slipped. A late July cloture vote would leave little room for further debate or amendments. The next scheduled vote on the CLARITY Act could come as soon as Friday if Thune's timeline holds. The floor schedule shows no such motion yet.
For more context on the legislative risks, see the recent CLARITY Act odds sink to 27% after Senate delays crypto bill.
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