Why is it very important for the “CLEAR Act” to pass before August！？
The bill is currently stuck at the stage in the U.S. Senate. The Senate will adjourn on August 10, and resume on September 14, meaning there are only about 19 days until the adjournment period.
If it cannot be passed before August 10, when the Senate resumes on September 14, it will face two major uncertainties:
1. With the midterm elections approaching, senators will vote more cautiously. The closer it gets to the midterm election, the more likely it is that lawmakers will weigh the pros and cons and decide not to vote, which is unfavorable for passing the bill.
Secondly, September through November is the crucial midterm election sprint period. At this time, political issues dominate, and procedural bills like this one are often not given priority.
2. On September 30, the U.S. fiscal year 2026 ends. Congress then needs to discuss and vote on the annual appropriations bill for fiscal year 2027. Last year’s appropriations fight led to the longest government shutdown period in U.S. history—how severe the bipartisan standoff was, everyone probably won’t forget.
So in September, members of Congress will focus much more on appropriations bills, and other issues will be relatively sidelined.
Therefore, if it can’t be passed before August 10, the probability of passing it after the Senate resumes in September becomes lower. Once the midterm election period begins, all major voting agendas will be put on hold.
In theory, after the midterms end in November, a formal vote can take place on November 12. However, by then, the seats in Congress will have changed, and the bill is very likely to face even more obstacles.
And once this obstacle carries into the new congressional session starting January 3, 2027, the new Senate will create a fresh round of bargaining over the bill. The “CLEAR Act” will enter a new cycle of negotiations. If the Republicans lose in the midterm election—sorry, the difficulty of getting the CLEAR Act passed will increase dramatically!#比特币ETF连续五日净流入创五月来最长
The bill is currently stuck at the stage in the U.S. Senate. The Senate will adjourn on August 10, and resume on September 14, meaning there are only about 19 days until the adjournment period.
If it cannot be passed before August 10, when the Senate resumes on September 14, it will face two major uncertainties:
1. With the midterm elections approaching, senators will vote more cautiously. The closer it gets to the midterm election, the more likely it is that lawmakers will weigh the pros and cons and decide not to vote, which is unfavorable for passing the bill.
Secondly, September through November is the crucial midterm election sprint period. At this time, political issues dominate, and procedural bills like this one are often not given priority.
2. On September 30, the U.S. fiscal year 2026 ends. Congress then needs to discuss and vote on the annual appropriations bill for fiscal year 2027. Last year’s appropriations fight led to the longest government shutdown period in U.S. history—how severe the bipartisan standoff was, everyone probably won’t forget.
So in September, members of Congress will focus much more on appropriations bills, and other issues will be relatively sidelined.
Therefore, if it can’t be passed before August 10, the probability of passing it after the Senate resumes in September becomes lower. Once the midterm election period begins, all major voting agendas will be put on hold.
In theory, after the midterms end in November, a formal vote can take place on November 12. However, by then, the seats in Congress will have changed, and the bill is very likely to face even more obstacles.
And once this obstacle carries into the new congressional session starting January 3, 2027, the new Senate will create a fresh round of bargaining over the bill. The “CLEAR Act” will enter a new cycle of negotiations. If the Republicans lose in the midterm election—sorry, the difficulty of getting the CLEAR Act passed will increase dramatically!#比特币ETF连续五日净流入创五月来最长