The US Senate plans to push for a procedural vote on the Clarity Act before the August recess.
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According to Odaily, U.S. Senate Republicans hope to advance the Clarity Act to a procedural vote before the August recess, but face obstacles including a tight legislative schedule, wavering support from some Republican senators, and concerns from Democrats over crypto-related gains of the Trump family. The fate of the bill hinges on the votes of moderate Democrats, but progressive Senator Elizabeth Warren has warned that supporting the bill would compromise with special interests and could potentially benefit the Trump family. The main point of contention remains the ethics provisions, with Democrats demanding restrictions on Trump profiting from crypto activities. Arizona Senator Ruben Gallego is working with North Carolina Republican Senator Thom Tillis to draft a counterproposal, which is expected to introduce a mechanism for joint enforcement by state attorneys general and the Department of Justice.
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