CLARITY Act’s Senate Push Stalls Amid Ethics Clash and Tight Legislative Calendar
The CLARITY Act updated draft, a key bill to establish U.S. crypto market structure rules by clarifying SEC and CFTC jurisdictions, was released on July 23, 2026.
Senate Majority Leader John Thune signaled on July 24, 2026, that passage before the August 7 recess is unlikely, though floor proceedings may begin sooner.
Ethics provisions in the bill, which would bar federal officials including the president from crypto activities, have sparked...