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Per Woofun AI, the CLARITY Act faces mounting pressure to meet its July 4 signing target as Senate lawmakers navigate unresolved provisions and strict procedural timelines. White House Crypto Council Executive Director Patrick Witt reaffirmed support for the ambitious schedule, framing the legislation as a potential milestone for the United States' 250th birthday, even as negotiations over ethics rules and enforcement mechanisms continue with just nine working days left before recess.
Lawmakers must finalize several critical components, including merging texts from the Senate Banking and Agriculture Committees. The Banking Committee advanced the bill with conditional Democratic support, while discussions persist regarding illicit finance language such as the Blockchain Regulatory Certainty Act. Procedurally, senators must secure cloture votes and clear floor procedures before the House, currently in recess, can approve revisions and send the measure to President Trump. Despite these hurdles, supporters like Sen. Cynthia Lummis and Adam Minehardt of Hyperliquid Policy Center cite bipartisan momentum, while Sen. Ruben Gallego suggests a potential lame-duck session could provide additional time for passage.