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🏛️ 7 Reasons CLARITY Act Might Still Fail to Become Law1. Hard Bipartisan Deadlock During the Senate Banking Committee hearing on May 14, Democrats and Republicans still couldn't find common ground. Senator Lummis mentioned there's only a 1% gap remaining, but in reality, the amendment votes were highly partisan -- almost all Democratic amendments were shot down unilaterally. 2. 60 Votes Needed in the Senate — Very Tough To pass through the Senate, the CLARITY Act needs 60 votes - well above the simple majority. This means Republicans have to woo enough Democratic Senators to join in. Given the current partisan atmosphere, that's no easy feat.

🏛️ 7 Reasons CLARITY Act Might Still Fail to Become Law

1. Hard Bipartisan Deadlock
During the Senate Banking Committee hearing on May 14, Democrats and Republicans still couldn't find common ground. Senator Lummis mentioned there's only a 1% gap remaining, but in reality, the amendment votes were highly partisan -- almost all Democratic amendments were shot down unilaterally.
2. 60 Votes Needed in the Senate — Very Tough
To pass through the Senate, the CLARITY Act needs 60 votes - well above the simple majority. This means Republicans have to woo enough Democratic Senators to join in. Given the current partisan atmosphere, that's no easy feat.
🇺🇸 TOP DEMOCRAT SENATOR SAYS HIS PARTY WILL NOT BLOCK THE #BITCOIN CLARITY AND THEY'RE "EAGER" TO PASS THE BILL IT'S COMING!$BTC #Senator #Democrat
🇺🇸 TOP DEMOCRAT SENATOR SAYS HIS PARTY WILL NOT BLOCK THE #BITCOIN CLARITY AND THEY'RE "EAGER" TO PASS THE BILL

IT'S COMING!$BTC #Senator #Democrat
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Bullish
JUST IN: $GTC Senator Bernie Moreno says the "banking cartel is in total panic mode" due to the Crypto Clarity Act.🇺🇸 "For decades, these banks treated your deposits like their personal piggy bank, paying almost nothing while lending YOUR money for huge profits and executive bonuses." $OSMO "Now that innovative stablecoins threaten to break their monopoly and give you real financial freedom? They're rushing back to Congress, screaming about threats to economic growth and financial stability." $SAGA {spot}(SAGAUSDT) {spot}(OSMOUSDT) {spot}(GTCUSDT) #a16zCryptoSaysRWATops$30B #Senator #crypto #bank #CLARITYActHearingSetforMay14
JUST IN:

$GTC Senator Bernie Moreno says the "banking cartel is in total panic mode" due to the Crypto Clarity Act.🇺🇸

"For decades, these banks treated your deposits like their personal piggy bank, paying almost nothing while lending YOUR money for huge profits and executive bonuses." $OSMO

"Now that innovative stablecoins threaten to break their monopoly and give you real financial freedom? They're rushing back to Congress, screaming about threats to economic growth and financial stability." $SAGA


#a16zCryptoSaysRWATops$30B #Senator #crypto #bank #CLARITYActHearingSetforMay14
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