CLARITY Act Vote Expected, but Not Scheduled Yet

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Rommie Analytics

Key Takeaways

  • John Thune expects a Senate vote connected to the CLARITY Act before the summer recess.
  • He also acknowledged that the chamber may not have time to begin full consideration of the bill.
  • No CLARITY Act vote appeared on the Senate’s August 4 floor schedule at the time of writing.
  • Ethics provisions and the need for Democratic support remain major obstacles.
  • An early procedural vote would not amount to final Senate passage.

Senate Majority Leader John Thune told reporters on August 3:

“I think market structure we’ll get a vote on. Whether we can get on it or not, we’ll see.”

He added that the Senate still had several other matters to complete before its planned summer recess.

Thune’s wording leaves two separate possibilities. Leadership may hold an early vote connected to the CLARITY Act, but the chamber may still run out of time before begin...

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