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CLARITY Act Unlikely to Get Senate Final Vote Before August Recess

Regulation & Policy Prediction Market

2026-07-24 21:22:13

POLYMARKET-5.28%

On July 24, Senate Majority Leader John Thune indicated that the CLARITY Act is unlikely to receive a final Senate vote before the chamber's August recess, citing unresolved disputes over ethics rules, stablecoin rewards, and Democratic support requirements. The bill needs 60 votes to advance, meaning Republicans must secure Democratic backing; however, a group of Senate Democrats said the current draft falls short on ethics, consumer protection, and illicit finance controls. While Thune expressed interest in beginning floor debate before the August 7 deadline, Polymarket data shows the bill's probability of passage in 2026 has dropped to 37%, down 28 percentage points as election-year timing pressures mount.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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CLARITY Act Approval Rate Falls to 37% by July 24 as Trump Ethics Conflict Stalls Senate Vote

Clarity Act Expected to Miss August 7 Deadline Before Senate Recess, Thune Says

In-Depth Analysis

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