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U.S. Senator Tillis: The Clarity Act is ready to advance to a hearing.

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PANews
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3 hours ago
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PANews April 30 news, according to CoinDesk reports, U.S. Senator Thom Tillis stated that the "Clarity Act" is ready to move forward to the Senate Banking Committee's hearing. Tillis believes that bankers have had enough time to express their positions on stablecoin yield issues, and he will encourage the committee chairman to advance the review. Analysis points out that if a hearing can be held in mid-May, the bill may still have a chance to pass in 2026, but any further delays could close the legislative window. Other unresolved issues include the ethical clause pushed by Democrats to prohibit government officials from profiting from crypto business, and Senator Chuck Grassley's request to include protections for DeFi developers within his committee's jurisdiction. There are only about 11 weeks left on the Senate calendar.

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