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CLARITY Act Faces Senate Floor Challenges With Only 8 Weeks Before August Recess, Says Mercury Strategy

GateNews

Regulation & Policy

2026-05-21 23:41:49

According to Anne Kelley, a partner at Mercury Strategy, on May 21, the CLARITY Act—a comprehensive U.S. digital asset bill—faces significant challenges in reaching a Senate floor vote before the August recess. With competing legislative priorities, including a TSA budget reconciliation bill and housing legislation, floor time for the crypto bill has become increasingly constrained. Lawmakers have only 8 weeks to pass the bill before the August 10-September 11 recess; if it does not pass before lawmakers break for midterm elections preparation, it will expire on January 3, 2027.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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