CLARITY Act faces 10% pre midterm odds, Solana policy CEO says

Solana Policy Institute CEO Miller Whitehouse-Levine said on Aug. 18 that the CLARITY Act has only a 10% chance of becoming law before the November midterm elections. Summary Solana Policy Institute CEO Miller Whitehouse-Levine assigns the Clarity Act 10% odds before November’s midterms. Senate leaders scheduled a cloture vote on proceeding to the bill for September 15 afternoon. Polymarket currently prices 2026 passage near 20%, with trading volume exceeding $7.2 million in total. The procedural vote would begin Senate consideration and would not constitute final passage of legislation. SEC proposed separate crypto offering rules while Congress continues debating broader digital asset market structure. Speaking at the Wyoming Blockchain Symposium, Whitehouse-Levine described the digital asset market structure bill as being in “August recess purgatory.” He said the narrowing congressional calendar and unresolved industry disputes had made passage increasingly difficult. His percentage is a personal assessment, not an official forecast. The Senate has taken one procedural step that preserves a September path, but several votes and further negotiations would still be required. CLARIT...