Galaxy Cuts Clarity Act Passage Odds to 30% as Senate Deadline Nears

Galaxy Research has lowered its estimate of the likelihood that the Clarity Act becomes law in 2026 to 30%, down from 50% at the end of June, as the Senate faces a tightening deadline before its August recess. Alex Thorn, head of Galaxy Research, noted that while lawmakers have released updated legislative text, they have not yet assembled the bipartisan coalition needed to pass it. The Senate must begin floor consideration within days for the bill to retain a realistic path to passage this year.
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