CLARITY Act Signing Target Missed as Pre-Midterm Passage Window Narrows

The CLARITY Act has missed its target for signing on July 4, and the window to pass the bill before the midterm elections is narrowing, according to a report cited by CoinDesk. According to Foresight News, while much of the Senate’s work could continue behind the scenes during the summer recess, the House process is currently stalled. Negotiators remain optimistic that the bill can pass in 2026, but they must complete key coordination before the Senate recess begins on August 7. If the bill is not passed before the midterm elections, and Democrats take control of Congress after the election, they are likely to demand major revisions to the legislation.