CLARITY Act Passage Hinges on Tight House Schedule

The CLARITY Act's passage in the House is facing a significant hurdle due to the cancellation of eight September voting days, reducing the available time for final approval.

According to the House schedule, lawmakers will return on September 14 for just four days of voting before leaving until November, when Congress resumes its post-election session.

This shortened timeline could prevent the legislation from completing the necessary steps in approval before the midterms, making it unlikely that the bill can become law before then.

SEC Chair Paul Atkins has publicly backed the legislation's advancement, describing it as a crucial step towards establishing the United States as the crypto capital of the world and urging Congress to approve it.