Summary
- Tim Scott said the CLARITY Act could come to a vote before the Senate's August recess.
- He said a vote would take place this week as Republicans unite and move to secure Democratic support.
- He said the CLARITY Act would protect consumers and promote innovation in the U.S., and that President Donald Trump's acceptance of an ethics provision marked unprecedented progress.
Forecast Trend Report by Period
Tim Scott, chairman of the U.S. Senate Banking Committee, said the CLARITY Act could come up for a vote before the Senate's August recess.
In an interview with Fox Business on Aug. 6, Scott said there was "no doubt" the measure would be voted on this week. He added that he planned to remain at the Senate for at least the next two days, that Republicans were united and that they would secure Democratic support.
Scott described the CLARITY Act as legislation that protects consumers while promoting U.S. innovation. He also said President Donald Trump's acceptance of an ethics provision marked unprecedented progress.
JH Kim
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