The U.S. House Financial Services Committee released an official announcement on June 22 stating that the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence will hold a field hearing on July 17 with the theme: 'Building the Financial Future: How the CLARITY Act Unlocks Innovation.' However, this is not yet a formal legislative markup or vote. Positive signals: Although it’s not a vote, this is a clear sign that Congress is continuing to advance the bill, especially since it’s already been added to the Senate calendar. Hosting it in New York could attract participation from Wall Street, crypto institutions, and representatives of traditional finance, creating industry support and boosting political momentum. This helps apply pressure on the Senate to schedule a floor vote as soon as possible. It’s essentially building momentum for final passage before the August recess or midterm elections. Practical limitations: The hearing itself won’t directly advance the legislative process (the House has already passed it, but the Senate needs to act independently). Final passage still requires: Senate floor vote → reconciliation in a conference committee if there are differences between versions → presidential signature. Current estimated probability of passage is around 30%. Summary assessment: This is more of a positive momentum-building move that helps the final passage, mainly on psychological and political levels. However, unless it enters a Senate vote, it doesn’t count as a decisive step. This is a 'keep the heat on, pressure the Senate' type of action.