The Senate faces mounting pressure to act on the CLARITY Act before its August recess, and failure to advance it now could stall years of bipartisan work

Senate leaders Tim Scott and John Thune are pushing to pass the CLARITY Act in July as Lummis touts consumer safeguards.

The bank said the bill faces major hurdles, with passage boosting institutional crypto adoption and delays prolonging regulatory uncertainty.

The Senate faces mounting pressure to act on the CLARITY Act before its August recess, and failure to advance it now could stall years of bipartisan work