Senate has four weeks before August recess to advance the Clarity Act, with updated text expected this week but key disputes over developer protections and ethics rules still unresolved.
Regulation & Gov ·
The Senate faces a compressed timeline to advance the Clarity Act, with roughly four weeks remaining before the August recess representing what is widely viewed as the legislative window's final realistic opportunity for passage this year. Updated Senate text is slated to circulate within the coming week, setting the stage for substantive negotiation on outstanding issues.
Multiple points of contention continue to block consensus. Disagreements persist over the scope of developer protections, the specifics of ethics rules, and whether proponents can secure the 60 votes required to advance the measure. None of these disputes has been resolved as of the material's publication.
What remains unclear is whether the revised text will narrow the gaps on any of these fronts, whether additional votes can be secured before recess, or whether lawmakers will punt the bill into the fall legislative calendar—effectively reducing its likelihood of becoming law this year.