Trump faces new Clarity Act test as Senate races toward key vote
The post Trump faces new Clarity Act test as Senate races toward key vote appeared on BitcoinEthereumNews.com. The Senate has entered what could be its final practical window to advance the CLARITY Act this year, with a merged draft expected as early as next week before lawmakers run out of time ahead of the August recess. Summary Senate negotiators are preparing a merged CLARITY Act draft ahead of a possible floor vote later this month. Democratic support remains uncertain as lawmakers continue talks over ethics rules, DeFi protections, and stablecoin provisions. The White House has denied blocking Democratic SEC and CFTC nominees as regulatory appointments become part of the debate. According to a CoinDesk report, Senate negotiators are preparing updated legislative text that combines proposals from the Senate Banking and Agriculture committees into a single version of the crypto market structure bill. The report said the draft is expected to add more than 70 pages of new material an