Merged CLARITY Act Draft Expected Week of July 13 With 70+ New Pages, Faces 60-Vote Senate Test

According to sources, the merged CLARITY Act draft could be released the week of July 13, adding over 70 pages to the unified text combining Senate Banking and Agriculture Committee versions. The bill requires 60 Senate votes for passage, with floor action targeted for the week of July 20 ahead of the August 7 recess.

Two Democratic senators who voted to advance the Banking Committee version have warned they may withhold support unless unresolved ethics provisions are finalized. The merged text has yet to solidify its position on a Democrat-backed restriction limiting senior government officials from maintaining business ties with the crypto sector.