Lummis CLARITY Warning: This Political Alignment Is Rare and May Not Last
Lummis CLARITY Warning: This Political Alignment Is Rare and May Not Last
Lummis said the House passed the CLARITY Act, the Senate Agriculture Committee cleared it, and the White House supports it, a tri-branch alignment she described as unusual and fragile in a midterm election year.The bill would permanently convert the March 2026 joint SEC-CFTC commodity classification of Bitcoin, Ethereum, and XRP into federal statute, removing the risk of a future regulatory reversal under a different administration.Lummis said key provisions are almost 99% resolved and the earliest possible markup is the week of May 11, after the Senate returns from its upcoming weeklong recess.