CLARITY Act Senate Vote Locked In, But 60-Vote Hurdle Looms Large

Senate Majority Leader John Thune confirmed on August 3 that H.R. 3633, the Digital Asset Market Clarity Act, will receive a Senate floor vote before the August recess, upgrading the bill’s status from probable to scheduled.

The confirmation matters, but it does not resolve the harder question: whether Republicans can assemble the roughly seven Democratic votes needed to clear the 60-vote filibuster threshold that stands between a floor vote and actual passage.

As of that confirmation, the CLARITY Act was still absent from the official Senate floor calendar, and no cloture motion had been filed.

Per analysis from crypto analyst Ted Pillows, if Senate leadership waits until Wednesday, August 6, to file cloture, the earliest possible floor vote falls on Friday, August 8, leaving almost no margin before the chamber disperses for its state work period.

… Continue reading the full article at the original source below.