Important ๐ฌ
Why does this paralyze the CLARITY Act in Congress?
The electoral process that is being set in motion and will take place in November 2026 directly affects the progress of complex laws for three strategic reasons:
Currently, the Republican Party controls both chambers. Democrats are trying to regain control of Congress. If the Democrats win the Senate in November, critical figures of the opposition such as Senator Elizabeth Warren would take the helm of key committees, which could bury or completely rewrite the CLARITY Act. That is why Democrats prefer to keep their votes and freeze the law until the results of the election are known.
Starting in September and October, senators and representatives all but completely stop working in Washington to return to their home states to campaign. The real legislative calendar is reduced to the bare minimum, leaving no time to debate such a dense regulatory framework.
Since Donald Trump has interests and business ties in the cryptocurrency sector, the Democratic wing demands that the law include extremely strict ethical clauses to prohibit the president and his family from issuing or profiting from tokens. In the midst of an election year, no party wants to back down on this point to prevent the rival from using it as a political weapon in campaign ads.
Weโre watching ๐ข
$XRP $COTI $VANRY
Why does this paralyze the CLARITY Act in Congress?
The electoral process that is being set in motion and will take place in November 2026 directly affects the progress of complex laws for three strategic reasons:
Currently, the Republican Party controls both chambers. Democrats are trying to regain control of Congress. If the Democrats win the Senate in November, critical figures of the opposition such as Senator Elizabeth Warren would take the helm of key committees, which could bury or completely rewrite the CLARITY Act. That is why Democrats prefer to keep their votes and freeze the law until the results of the election are known.
Starting in September and October, senators and representatives all but completely stop working in Washington to return to their home states to campaign. The real legislative calendar is reduced to the bare minimum, leaving no time to debate such a dense regulatory framework.
Since Donald Trump has interests and business ties in the cryptocurrency sector, the Democratic wing demands that the law include extremely strict ethical clauses to prohibit the president and his family from issuing or profiting from tokens. In the midst of an election year, no party wants to back down on this point to prevent the rival from using it as a political weapon in campaign ads.
Weโre watching ๐ข
$XRP $COTI $VANRY