The U.S. "Clarity Act" is set to increase in difficulty before July 4, with only 9 working days left in the legislative schedule.
BlockBeats News, June 15th, the likelihood of the United States' "
The report stated that there are now only about 9 Senate working days left before the congressional recess, and legislators still need to complete several key steps, including merging the Senate Banking Committee and Agriculture Committee versions of the text, reaching consensus on ethics provisions, obtaining 60 votes to end debate (cloture) support, and completing multiple rounds of amendment votes and the final passage process.
Even if the Senate completes its deliberations, the bill will still need approval of the revised version by the House of Representatives and another pass, before finally being sent to the president for signature. The article pointed out that completing this process in a short time is "mathematically almost unfeasible."
Nevertheless, some policymakers still believe that the bill has a chance of passing within the year. Patrick Witt, Executive Director of the White House's Cryptocurrency Policy Office, had previously stated that he hoped to complete the legislation by July 4th, but Senators like Cynthia Lummis have acknowledged that the timetable may need to be delayed to a later stage.
Currently, legislative focus has partially shifted to other issues, including housing legislation and the renewal of national security-related FISA provisions. It is widely believed in the industry that the period around the August congressional recess may become a more realistic key timeframe.
Analysts point out that even if the symbolic deadline of July 4th is missed, the bipartisan support for this bill may still drive its progress by 2026, but future developments will depend more on changes in the political environment and the stability of the two-party alliance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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