Senate Banking Chair Scott expects CLARITY Act on the President's desk this summer!

Senate Banking Committee Chair Tim Scott has said he expects the CLARITY Act to reach the President's desk before the end of summer — a notably firm timeline from one of the bill's most influential shepherds on Capitol Hill. The statement signals that Senate leadership sees a credible legislative path, not just committee-level momentum.

The CLARITY Act is widely watched as the most consequential piece of US crypto market-structure legislation in the current cycle, aiming to draw clearer jurisdictional lines between the SEC and CFTC over digital assets. A summer signing would represent the fastest major crypto bill passage in US history and would materially reduce the regulatory overhang that has kept institutional capital cautious.