Five days, a 30% chance, and a battle over Trump’s crypto profits: Inside the Senate’s scramble to pass CLARITY Act before Friday
The CLARITY Act enters the Senate's final scheduled week before the August recess. Monday's floor schedule opens with H.R. 6500, a government funding vehicle, and CLARITY has yet to appear on the schedule.
Negotiators are still working through disputes over government ethics and stablecoin rewards, and prediction markets price the odds of the bill becoming law this year below even money.
Aug. 7 is the last scheduled weekday before recess, as the Senate's state work period begins Aug. 10 and runs through Sept. 11, leaving senators five weekdays to produce floor action before the break.
A missed window sends the fight into September, when a busier Senate calendar could make floor time harder to find.
| Date / window | What happens | Why it matters |
|---|---|---|
| July 17, 2025 | House passes H.R. 3633 by 294-134 | Gives the Senate a House-passed vehicle to work from |
| May 14, 2026 | Senate Banking Committee advances its version 15-9 | Shows committee-level bipartisan support, but not floor readiness |
| July 22 | Lummis releases merged Banking/Agriculture text | Creates the current negotiating draft |
| Aug. 3–7 | Final scheduled pre-recess Senate week | Five weekdays remain for floor action before the break |
| Aug. 10–Sept. 11 | Senate state work period | CLARITY remains alive, but floor time shifts into September |
Where the bill stands
The House passed H.R. 3633, the CLARITY Act, 294-134 on July 17, 2025, and the Senate Banking Committee advanced its version 15-9 on May 14, 2026. Sen. Cynthia Lummis released the merged Banking and Agriculture Committee text on July 22, and it is the current negotiating draft.
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