PiCK

Kennedy Backs CLARITY Act, Securing Votes to Clear Senate Banking Panel

Source

Suehyeon Lee

Summary

Sen. John Kennedy of the Senate Banking Committee said he will vote for the CLARITY Act.
Kennedy’s decision secures unanimous Republican support, making Senate Banking Committee approval effectively certain.
On prediction market platform Polymarket, the implied probability of passage for the CLARITY Act in 2026 is about 73%%.

Forecast Trend Report by Period

Sen. John Kennedy, a member of the Senate Banking Committee, plans to vote for the CLARITY Act, a cryptocurrency market structure bill, a move that increases the measure’s chances of advancing.

BeInCrypto reported on May 13 that Kennedy intends to support the bill at the Senate Banking Committee’s markup session on May 14, when lawmakers are set to consider amendments and vote.

The Senate Banking Committee is made up of 13 Republicans and 11 Democrats. Kennedy had been the last Republican without a firm public position. His decision secures support from all Republican members, making committee approval effectively certain regardless of Democratic votes.

On prediction market platform Polymarket, the implied probability that the CLARITY Act will pass in 2026 is about 73%.