US Republican Senators Warn of Potential Failure for CLARITY Act Vote

Republican senators have warned that the bipartisan CLARITY Act (US digital-asset market-structure bill) is likely to fail when the Senate reconvenes next week. Progress on ethics clauses concerning the President and his family remains stalled. Senator Mike Rounds stated the outlook is poor, while Senator Thom Tillis noted that the bill will fail if the White House does not bridge the gap on ethics provisions. Senator Roger Marshall indicated a lack of momentum or discussion surrounding the legislation.