U.S. Senate Aims to Advance Clarity Act in July Amid Competing Legislative Priorities

According to ChainCatcher, the U.S. Senate is seeking to advance the Clarity Act, a cryptocurrency market structure bill, in July, though a crowded legislative agenda threatens to narrow the window. The Senate faces competing priorities including the annual defense authorization bill, agricultural bill renewal, and housing legislation. Republican Senator Cynthia Lummis stated the new bill text is expected around July 4 for final review, with a vote targeted for July. A Senate aide said the Clarity Act would be among two-party priorities after the chamber returns in July. However, Congress will adjourn for the August recess, potentially shifting political focus to November elections and limiting floor time for crypto legislation.
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