CLARITY Act’s markup progress now hinges on these Democrat lawmakers
Summary
The CLARITY Act is returning to the Senate Banking Committee on May 14 after facing delays over stablecoin regulations and anti-money laundering provisions. While Republicans hold a majority on the committee, the bill’s long-term viability requires bipartisan support to clear the 60-vote threshold in the full Senate. Success hinges on seven specific Democrats, including Ruben Gallego and Angela Alsobrooks, whose positions range from constructive supporters to conditional dealmakers. If the bill clears the committee, it faces further legislative hurdles and reconciliation efforts before potential passage.
(Source:CryptoSlate)