Senate Eyes CLARITY Act Vote Before Recess—Bipartisan Deal Still Loading ⏳
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Senate Eyes CLARITY Act Vote Before Recess—Bipartisan Deal Still Loading ⏳

The U.S. Senate is preparing to bring the CLARITY Act to the floor by the end of this month, aiming to hold a vote before lawmakers depart for the August recess. Senator John Kennedy said the Senate plans to put the crypto bill on the floor during the third week of the current session, according to an X post by Politico's Jordain Carney.

Senate Majority Leader John Thune said he would like to move the bill to the floor before next month, while noting that a bipartisan agreement has not yet been finalized. Lawmakers from both parties continue to negotiate outstanding provisions, and the timeline leaves a narrow window for resolution before the recess begins. The legislative push gained additional momentum on the same day President Trump publicly urged the Senate to pass the bill in honor of Senator Lindsey Graham.

The CLARITY Act is the central piece of legislation aimed at defining the regulatory framework for digital assets in the United States, including how the Securities and Exchange Commission and the Commodity Futures Trading Commission oversee different categories of tokens. Supporters describe it as a long-awaited clarification for market participants operating across multiple jurisdictions and product types, while critics have raised concerns about specific provisions related to self-custody and stablecoins that remain under negotiation.

If approved by the Senate, the bill would proceed to the House, where companion legislation has already advanced. Passage in both chambers would send the measure to President Trump's desk for signature. The current momentum represents one of the most significant steps forward in U.S. crypto policy this year, with industry participants closely tracking each procedural update as the month-end floor target approaches.

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Publishercryptonewsroom.xyz
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CategoryRegulation

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