Thune Pushes CLARITY Act to Senate Floor Ahead of August Recess

1 min read
Source: CoinGape
Thune Pushes CLARITY Act to Senate Floor Ahead of August Recess
Photo: CoinGape
TL;DR Summary

Senate Majority Leader John Thune is forcing a floor vote on the CLARITY Act before the August recess to put all senators on the record, even though the bill does not have the 60 votes to clear a filibuster; it faces Democratic opposition over consumer protections and illicit-finance safeguards, while Ripple, Coinbase, Fidelity, and Goldman Sachs back passage. A failed or delayed vote could stall SEC-CFTC regulatory clarity and shape the midterm political dynamics ahead of the election.

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