{"id":75334,"date":"2026-07-13T10:01:46","date_gmt":"2026-07-13T10:01:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/clarity-act-enters-a-make-or-break-week-as-senate-returns-with-aug-7-clock-ticking\/"},"modified":"2026-07-13T10:01:46","modified_gmt":"2026-07-13T10:01:46","slug":"clarity-act-enters-a-make-or-break-week-as-senate-returns-with-aug-7-clock-ticking","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/clarity-act-enters-a-make-or-break-week-as-senate-returns-with-aug-7-clock-ticking\/","title":{"rendered":"Clarity Act Enters a Make-or-Break Week as Senate Returns With Aug. 7 Clock Ticking"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The Senate has about 20 working days before Aug. 7 to move the Clarity Act, with 60 votes still unsecured.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Eleanor Terrett flagged June CPI on July 14 and Fed Chair Kevin Warsh\u2019s remarks as this week\u2019s key markers.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A new draft of the bill could drop within days as ethics disputes tied to Trump\u2019s crypto income persist.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Crowded Calendar of Data, Fed Voices and Bill Text<\/h2>\n<p>Eleanor Terrett, who covers digital asset policy for Fox Business, outlined the week ahead in a <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/2076410946483019776\" target=\"_blank\" rel=\"noopener noreferrer\">post on X<\/a> on Sunday, writing:<\/p>\n<blockquote>\n<p>\u201cThis week will be a busy one for economic data, Fed speeches and, likely, further clarity on the status of the Clarity Act.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_830599\" aria-describedby=\"caption-attachment-830599\" style=\"width:753px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-830599\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>The first marker arrives Tuesday, when the Bureau of Labor Statistics <a href=\"https:\/\/www.bls.gov\/schedule\/news_release\/cpi.htm\" target=\"_blank\" rel=\"noopener noreferrer\">releases the June<\/a> consumer price index (CPI) at 8:30 a.m. Eastern time, followed by producer price index (PPI) figures on Wednesday. Both prints will shape expectations for the Federal Reserve\u2019s next interest rate decision. Fed Chair Kevin Warsh, who <a href=\"https:\/\/www.cnbc.com\/2026\/07\/01\/kevin-warsh-ecb-forum-live-updates.html\" target=\"_blank\" rel=\"noopener noreferrer\">declined to hint<\/a> at a July move during the European Central Bank forum earlier this month, described <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-inflation\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">inflation<\/a> as still \u201ctoo high.\u201d<\/p>\n<p>For the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> industry, however, the bill text may matter more than the data. Sources familiar with the matter have noted that the <a href=\"https:\/\/news.bitcoin.com\/clarity-act-new-draft-senate-60-vote-test\/\">newest version<\/a> of the Clarity Act could be released as soon as this week, a rewrite negotiators hope can unlock the Democratic support the measure still lacks.<\/p>\n<p>The legislation would divide oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), delivering the federal market structure framework the industry has sought for years. The bill <a href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/house-bill\/3633\/text\" target=\"_blank\" rel=\"noopener noreferrer\">passed the House<\/a> 294-134 in July 2025 and cleared the Senate Banking Committee 15-9 on May 14, but it has sat on the Senate calendar since then without a scheduled floor vote or cloture motion.<\/p>\n<h2>Ethics Fight Still Blocks the Path to 60 Votes<\/h2>\n<p>As <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News reported, GOP leaders are <a href=\"https:\/\/news.bitcoin.com\/clarity-act-gop-urgency-august-recess\/\">racing the August<\/a> recess clock, with advocates warning the bill probably needs to get through the Senate by the end of July to stay viable.<\/p>\n<p>Democrats, including Senators Ruben Gallego and Cory Booker, have demanded enforceable conflict-of-interest standards covering President Donald Trump and his family as the price of floor support. Those demands sharpened after Trump\u2019s annual financial disclosure revealed at least <a href=\"https:\/\/news.bitcoin.com\/trump-2025-crypto-earnings-disclosure\/\">$1.4 billion in crypto income<\/a> for 2025, a figure that has become a rallying point for the bill\u2019s critics.<\/p>\n<p>Disputes over Section 604 and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> yield, whether platforms can offer interest-like returns outside the GENIUS Act\u2019s ban on issuer-paid interest, round out the unresolved issues.<\/p>\n<p>The deadline pressure is widely acknowledged, given that the measure already <a href=\"https:\/\/news.bitcoin.com\/clarity-act-misses-july-4-august-7-deadline\/\">missed the July 4<\/a> signing target Trump had hoped for, and observers now put the odds of passage in 2026 at roughly 50-50, down from about 60% in June. Senator Cynthia Lummis and other backers have <a href=\"https:\/\/news.bitcoin.com\/clarity-act-senate-july-push-lummis-consumer-protection\/\">continued to press<\/a> for a July vote, arguing the bill contains meaningful consumer protections that should attract bipartisan support.<\/p>\n<p>If the new draft wins over enough Democrats, a floor vote before Aug. 7 remains achievable. If it does not, analysts have warned the bill\u2019s prospects would deteriorate materially.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/clarity-act-make-or-break-week-august-7\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The Senate has about 20 working days before Aug. 7 to move the Clarity Act, with 60 votes still unsecured. Eleanor Terrett flagged June CPI on July 14 and Fed Chair Kevin Warsh\u2019s remarks as this week\u2019s key markers. A new draft of the bill could [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75334"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75334"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75335"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}