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🧾 CLARITY Act Unlikely to Pass Before July 4The chances of the CLARITY Act being passed before the July 4 holiday are now seen as close to zero.
Conflict-of-interest provisions remain the biggest obstacle. Lawmakers still have no clear compromise on restrictions involving public officials and their families participating in the crypto industry.
President Trump has said he would not sign the bill if it includes provisions limiting or banning his family's involvement in crypto-related businesses.
The legislation also still needs to be merged with other competing versions of the bill, adding another layer of delay to the process.
Even after reconciliation, the bill would need support from at least 60 U.S. senators to overcome procedural hurdles in the Senate before it could move to final votes in both the House and Senate.
At this stage, the political and procedural hurdles suggest that meaningful progress on the CLARITY Act is more likely to happen later in the year rather than before Independence Day.
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