US Senate pushes CLARITY Act vote to September: Report

US Senate pushes CLARITY Act vote to September: Report

Senate Majority Leader John Thune reportedly confirmed that the chamber was “punting” the vote until September.

Senate Republican leaders are expected to leave Washington, DC, for the August recess without voting on crypto market structure legislation, pushing the bill’s consideration to September, according to a report from Politico. 

Senate Majority Leader John Thune on Friday reportedly confirmed a Politico report that the chamber was “punting” the vote until September and planned to tee up the legislation.

Citing two people with knowledge of the matter, Politico reported that the CLARITY Act lacks Democratic support. Negotiations remained underway, and the schedule could change if lawmakers reach a bipartisan breakthrough. 

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