星球日报|Jun 25, 2026 22:44
[U.S. Senate Aims to Advance Crypto Legislation in July, but Housing Bill and Other Agendas May Squeeze Time Window]
Odaily Planet Daily News – The U.S. Senate is attempting to advance the crypto market structure bill, the *Clarity Act*, in July. However, with multiple priority agendas piling up, including the National Defense Authorization Act, the renewal of the Farm Bill, and the Housing Bill, the time window for passing the legislation is narrowing. The Senate's schedule in the coming weeks is tight.
In addition to the annual defense and farm bills, former President Trump stated on Wednesday that he would not support a major housing bill unless Congress first passes legislation requiring federal election voters to provide proof of citizenship. The housing bill also includes provisions to ban central bank digital currencies (CBDCs).
Since lawmakers will leave Washington for recess in August, if the relevant bills are not advanced before then, the political focus after their return will shift to the November elections, further reducing the floor time available for crypto legislation.
Republican Senator Cynthia Lummis stated that a revised version of the text is expected to be released around July 4 for final review by lawmakers, with a vote planned for July. A Senate aide also mentioned that the *Clarity Act* will become one of the bipartisan priorities after the Senate reconvenes in July.
However, the bill still faces multiple uncertainties, including the level of support from Democrats, controversies surrounding Trump’s crypto-related conflicts of interest, the prioritization of other major bills, and the Senate's limited agenda schedule.
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