Lummis Targets Senate Passage of Clarity Act in July
Summary
- Sen. Cynthia Lummis said she is aiming to pass the Clarity Act, a cryptocurrency market structure bill, through the Senate in July.
- Lummis said she expects a final Senate compromise on the Clarity Act to be ready around the July 4 recess and is targeting passage of the bill in July.
- CryptoSlate said the Clarity Act would need to reach the Senate floor in July and would require support from at least seven Democratic senators to pass.
Forecast Trend Report by Period
Sen. Cynthia Lummis said she is aiming to pass the Clarity Act, a cryptocurrency market structure bill, through the U.S. Senate in July.
CryptoSlate reported on June 25 that Lummis told Fox Business she expects a final Senate compromise on the Clarity Act to be ready around the July 4 recess. She is targeting Senate passage in July.
Lummis added that missing this window could delay the bill until 2030.
CryptoSlate said the legislation would need to reach the Senate floor in July to pass. It would also need support from at least seven Democratic senators.
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