Clarity Act Falters on Ethics Disputes and Senate Math

The Clarity Act's chances of passing through Congress have plummeted to just 30% due to Senate math and ethics disputes involving President Trump's crypto holdings.

According to Galaxy Digital's Alex Thorn, this decline from the previous 50% estimate is largely attributed to the mathematical reality within the Senate. To advance to a final vote, the bill requires support from 60 senators, but Republicans currently hold approximately 50 firm votes.

Senators Rand Paul and Josh Hawley are expected to oppose the text, while Mitch McConnell remains absent from active legislative duties following his hospitalization in June. This dynamic means the bill is unlikely to reach a final vote without securing support from at least several Democrats.