Blanche, GOP and Senate
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The delay makes passage of the Clarity Act this year much more unlikely.
The Senate released a plan Friday to debate and vote on a massive package of bills before exiting for August recess. Leadership outlined a plan for voting on several bills and exiting for recess, which included voting on a continuing resolution (CR),
Markets suggest decreased confidence in the Clarity Act becoming law in 2026, following the Senate’s decision to delay the vote. The current pricing reflects a 13.5% probability of the Act being signed into law by the end of 2026, down from 26% a week ago.
Boozman voted yes for McConnell by proxy, which is not allowed on the Senate floor, but can be permitted in committees. But due to rules specific to the Senate Agriculture Committee, his proxy vote didn't count. With 10 votes for and 11 against, the bill did not pass out of committee.
The CLARITY Act vote slips to September after Democrats withhold consent, as ethics disputes stall the crypto bill.
Senate Republicans say getting consent to move forward on the Protect College Sports Act, a bipartisan bill to set rules for compensating and recruiting college athletes, is holding up a broader
Senate Commerce Committee lawmakers sent a message to the House on Wednesday by advancing four bills that would force online companies to protect minors: They’re not settling for the lower chamber’s compromise.
U.S. Senate Majority Leader John Thune on Wednesday moved for cloture on the Protect College Sports Act, putting the legislation in line for vote before August recess.