POPA ReconCLARITY Act Fails in the Senate
CLARITY Act Fails in the Senate The Senate voted down cloture on the CLARITY Act – 60 votes were needed just to open debate, 40+ senators said no. BTC slid toward $76K, Coinbase and Circle sold off. Republicans hold 53 seats and the House passed the bill 294–134 last year, but the "last, best and final" text with 126 Democrat-requested changes still wasn't enough: Democrats wanted tougher ethics rules on the first family, and a group of Republicans sided with community banks on stablecoin yield. No SEC/CFTC statute this cycle – with the House out and midterms in November, market structure s…
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