Reality check on the Clarity Act vote:

We're NOT guaranteed a September vote. Thune's playbook? Probably more stalling.

Here's how Senate cloture motions actually play out:

• Invoked (I) = 60+ votes, bill moves forward
• Failed (F) = Voted but didn't hit threshold
• Withdrawn (W) = Leadership pulls it before vote
• Vitiated (V) = Rendered moot/nullified
• No Action (N) = Ignored entirely

Expect Withdrawn or No Action. Same circus, different month.

Crypto regulation clarity? Still a pipe dream while legacy finance keeps its grip on Capitol Hill.