CLARITY Act misses Senate agenda as deadline nears

The CLARITY Act was absent from the U.S. Senate’s Aug. 4 schedule, narrowing the window for lawmakers to advance the crypto market structure bill before their August recess. Summary H.R. 3633 was not included in the Senate’s official Tuesday schedule. No cloture motion had been filed for the bill, leaving Friday as the earliest possible vote if leadership acts Wednesday. Polymarket traders placed the chance of passage in 2026 at 23%, down 42%. A dispute over the bill’s treatment of DeFi has added pressure during its final legislative window. CLARITY Act left off the Senate schedule Senators convened at 10:00 a.m. ET on Tuesday before breaking until 2:15 p.m., according to the Senate Daily Press schedule. Following leadership remarks, the chamber was expected to resume consideration of the motion to proceed to H.R. 6500, a vehicle for a continuing resolution, after cloture. The schedule also listed possible votes on Erica Schwartz’s nomination to lead the Centers for Disease Control and Prevention and a group of 74 nominations considered together. It did not mention H.R. 3633, formally known as the Digital Asset Market Clarity Act. The omission does not prevent Senate leaders from a...