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Woofun AI reports that the CLARITY Act missed its originally scheduled July 4 signing date, with the legislative window closing rapidly ahead of the midterm elections. While Senate majority operations continue behind the scenes during the summer recess, House proceedings remain at a standstill.
Negotiating parties maintain optimism for passage by 2026 but must finalize key coordination before the Senate recess on August 7. Failure to pass the bill before the midterms could lead to significant amendments if Democrats retain control of Congress.