Trump stood on stage shouting "I support crypto," thunderous applause from the crowd, but the bill lay dormant in the Senate for nine months.

Guess who pressed the pause button?

The CLARITY Act passed overwhelmingly in the House last July with 294 votes in favor and 134 against.

More than 120 crypto companies jointly urged action.

Treasury Secretary Yellen personally wrote in The Wall Street Journal, saying this is a matter of national security.

And what happened?

Senate Banking Committee Chairman Tim Scott has yet to set a review date.

May 25, Memorial Day, is the last window.

Missed it? Then wait until 2027.

2027.

Did Trump really do anything?

Last week, he reiterated at a private event in Florida: support the development of the crypto industry.

Applause from the crowd. Media reposted. Everyone was excited.

And then?

The bill still isn’t moving.

The real decision-makers on whether the bill passes are not his words, but the few people in the Senate Banking Committee.

And who stands behind those people?

The real resistance has never been "not understanding crypto"

It’s the banking industry.

The stablecoin profit clause in the CLARITY Act threatened their profits.

DeFi compliance clauses have been stuck without resolution.

Plus, in April, KelpDAO was hacked for 292 million dollars, Drift Protocol for 285 million dollars—

Opponents clapped their hands: see, I told you it’s unsafe.

Powell is also counting down.

April 29 was his last FOMC press conference.

May 15, he officially stepped down.

He now holds two options:

Pigeon → signals rate cuts, market cheers, but it’s basically admitting to political pressure.

Hawk → dollar strengthens, risk assets come under pressure, his "soft landing" achievement might be ruined.

In short, two paths.

One makes you happy, the other makes you bleed.

But don’t count on him too much.

The Fed chair’s job has never been to make you money.

Verbal support is the cheapest chip, costs nothing, and can still harvest votes.

If nothing happens before May 25, the next chance is 2027. You can wait, but your positions can’t.

I’m not trying to scare you; I want you to be clear-headed.

Crypto legislation has never been a technical issue, nor a security issue, but an interest issue.

Banks don’t want to give up their share, politicians don’t want to offend their financiers.

We want a transparent market — precisely what no one wants to give.