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CLARITY Act negotiations hit a standstill, uncertainty remains over whether it can proceed to a vote before recess

2026-08-07 01:10

Odaily News: Punchbowl News reporter posted on X platform that negotiations in the U.S. Senate over the CLARITY Act are affecting the legislative process before recess. Democratic leadership is still pushing to delay the procedural vote on the crypto regulation bill, with Senate Minority Leader Chuck Schumer seeking more time for further negotiations.

Meanwhile, Republicans are calling for the vote to move forward as soon as possible. Both sides are still coordinating on the bill's content and related provisions, and it remains uncertain whether the CLARITY Act can reach a vote before the Senate recess.