The Clarity Act's last chance this year is likely before the August recess (around August 7). If missed, it will most likely be delayed until 2027 or even later. The biggest obstacle right now is still the ethics clause. The Democrats insist on restricting government officials from holding crypto, which is the main hurdle. The prediction market is currently quite pessimistic, with about a 40% chance of fully passing the legislation this year. Even if it goes to a vote before August, the subsequent coordination won't be easy.