Policy June 9, 2026

CLARITY Act Faces Tight Senate Window as Galaxy Cuts Passage Odds to 60%

Key Takeaways

The CLARITY Act has been added to the Senate Legislative Calendar and is awaiting a full Senate floor vote
Galaxy Digital lowered its estimate of the bill becoming law in 2026 from 75% to 60%, citing a tightening congressional calendar
White House officials are set to meet law enforcement groups this week as lawmakers continue debating illicit finance and ethics provisions within the bill

The CLARITY Act is moving closer to a full Senate vote after being added to the Senate Legislative Calendar. But as lawmakers prepare for the next stage of the process, questions remain about whether Congress has enough time to get the crypto market structure bill across the finish line this year. Galaxy Digital recently lowered its odds of passage in 2026 to 60%. Meanwhile, White House officials are expected to meet with law enforcement groups this week. This is in order to discuss concerns around illicit finance provisions in the legislation.

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Why the Senate Calendar Is Becoming the Biggest Challenge for the CLARITY Act

CLARITY Act Senate vote — Source: Bankrate

In a note published Friday, Galaxy head of research Alex Thorn cut the firm’s estimated odds of the CLARITY Act becoming law in 2026 from 75% to 60%. The main concern is timing. Congress is expected to break for its August recess in late July. This leaves a narrow window for Senate leaders to schedule floor debate. In addition, to move the legislation through the remaining procedural steps.

i just sent this note to clients lowering my odds of 2026 clarity act passage from 75% immediately post-markup to 60% today

i said in may that the senate calendar was one of the biggest hurdles, and that picture has worsened. last night the FISA reauth vote failed, so now next… pic.twitter.com/2EcxMb3Hwh
— Alex Thorn (@intangiblecoins) June 5, 2026

The bill still needs a Senate floor vote, possible amendments, reconciliation with the Senate Agriculture Committee’s version. Finally, the approval of any changes by the House.

Amidst this, supporters continue to push for action. Senator Cynthia Lummis said the legislation has already cleared committee hurdles and should move to the Senate floor. The Wyoming Republican has repeatedly urged lawmakers to advance the bill. She has argued that the US needs clearer rules for digital assets.

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White House Meeting Points at Ongoing Illicit Finance Concerns

Another issue still being debated is how the legislation handles illicit finance risks. According to journalist Eleanor Terrett, White House officials are scheduled to meet with law enforcement groups on Wednesday. This is to discuss concerns that some CLARITY Act provisions could make it harder to combat money laundering and other financial crimes.

🚨NEWS: Administration officials will host law enforcement groups at the White House Wednesday as part of ongoing efforts to address concerns that certain provisions in the Clarity Act, including developer protections derived from the Blockchain Regulatory Certainty Act, could…
— Eleanor Terrett (@EleanorTerrett) June 8, 2026

Those concerns have become one of the remaining sticking points as lawmakers work toward a potential floor vote. Lummis recently told CNBC that discussions around ethics and illicit finance provisions are still ongoing.

Currently, the legislation appears to be moving forward. The question is whether Senate leaders can find enough time on the calendar to advance the CLARITY Act through Senate vote before lawmakers leave Washington for the summer recess.

Also Read: CLARITY Act Hits Senate Floor as Lummis Warns Banks Join or Get Left Behind