Lummis Targets Senate Passage of Clarity Act in July
JH Kim
Summary
- Sen. Cynthia Lummis said she is aiming to secure Senate passage of the Clarity Act, a digital-asset market structure bill, in July.
- In an interview with Fox Business, Lummis said she expects a final Senate agreement on the Clarity Act to be ready around the July 4 recess and is targeting passage of the bill in July.
- She added that missing this opportunity could delay action on the bill until 2030, while CryptoSlate said Senate passage would require the measure to reach the floor in July and win support from at least seven Democratic senators.
Forecast Trend Report by Period
Sen. Cynthia Lummis said she is aiming to pass the Clarity Act, a digital-asset 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 agreement on the Clarity Act around the July 4 recess. She said her goal is to pass the bill in July.
Lummis added that if Congress misses this window, action on the bill could be delayed until 2030.
CryptoSlate said the measure would need to reach the Senate floor in July to pass and would require support from at least seven Democratic senators.
JH Kim
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