Senate Punts Clarity Act Vote to September as Democrats Hold Out - Decrypt

In brief

The Senate leaves for a month-long recess without holding a procedural vote on the Clarity Act.

Republicans need roughly six Democratic crossovers to clear the 60-vote threshold.

If it passes the Senate, the bill returns to the House before it can reach Trump's desk.

The U.S. Senate will not vote on the Clarity Act before its August recess, pushing the crypto market structure bill to September and into the closing weeks before midterm campaigning consumes the calendar.Senate Majority Leader John Thune (R-SD) confirmed the delay late Thursday. "The Dems are insistent on no Clarity vote," he said in remarks posted by his press office, adding that he had worked with the bill's sponsors and that Senator Cynthia Lummis (R-WY) "was great, and we're getting that queued up first thing when we come back."