U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere
The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes.
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Summary
- The U.S. Senate will move on to a couple of other matters while lawmakers debate the details of the crypto Clarity Act, according to a schedule set out by Majority Leader John Thune to first pursue nominations and a Russia sanctions bill.
- The Clarity Act could still get some preliminary Senate action next week, though that’s the final week before the chamber begins its summer recess, potentially shifting Clarity’s next window to September.
