Senator Lummis Says CLARITY Act Senate Vote More Likely Before August Recess

According to Senator Cynthia Lummis, the Senate may need more time to complete work on the CLARITY Act, with a final floor vote now more likely before the August recess rather than the July 4 break. Lawmakers must combine several proposals, including those from the Senate Banking Committee and Agriculture Committee, before the crypto market structure bill reaches its final form. Lummis noted that cloture requires 60 votes, underscoring the need for broad agreement before Senate leaders advance the legislation.
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