US Senate pushes CLARITY Act vote to September: Report

Senate Majority Leader John Thune reportedly confirmed that the chamber was “punting” the vote until September.

Senate Republican leaders are expected to leave for their August recess without voting on crypto market structure legislation, delaying consideration of the bill until at least September, according to a report from Politico. 

Senate Majority Leader John Thune on Friday reportedly confirmed a Politico report that the chamber was “punting” the vote until the Senate is back from recess in September.

Citing two people with knowledge of the matter, Politico reported that the CLARITY Act lacks sufficient Democratic support to advance. Negotiations remain underway.

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