Paradigm Government Affairs Head Says Clarity Act Still Has a Path Forward

Paradigm's head of government affairs said claims that the Clarity Act has almost no chance of passing are not credible. According to ChainCatcher, the pessimistic view is largely driven by anonymous staffers who are not involved in core negotiations or by lawmakers using the media to pressure the White House and Senate leadership. The official said major banks plan to spend heavily on lobbying and advertising next week, arguing they would not commit those resources if the bill were destined to fail. The timeline is tight, with the Senate set to reconvene on Monday and the House scheduled to adjourn five days later on Friday, but the bill is far from dead, the official said.