Senate

White House crypto adviser Patrick Witt will begin military leave later this month as the Senate enters a critical final stretch to pass the Clarity Act before the August recess.

President Trump urged the Senate to pass the CLARITY Act before the August recess as lawmakers face a narrowing window and unresolved political hurdles.

Rep. French Hill urged the Senate to vote on the CLARITY Act before the August recess, arguing the bill would establish a transparent crypto market framework that addresses ethics concerns surrounding President Trump's digital asset ventures.

JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risks and undermine financial stability.

Clarity Act enters a critical two-week stretch as Senate negotiators race to resolve disputes over Trump ethics provisions, law enforcement concerns, and market structure rules before a narrow pre-August recess window for a floor vote.

Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress's August recess and mounting legislative uncertainty.

Congress has scheduled a July 17 hearing in New York on the CLARITY Act as momentum builds for the crypto market structure bill.

The U.S. Senate has passed a housing bill that includes a ban on a Federal Reserve-issued CBDC through 2030.

The full text of H.R. 8957 reveals that the proposed Strategic Bitcoin Reserve would impose a 20-year lock-up on federally held bitcoin.

Stand With Crypto and more than 200 companies and organizations sent a letter to the Senate urging them to schedule the Digital Asset Market Clarity Act for a full Senate vote.