The outlook for the CLARITY Act has weakened further after the White House reportedly failed to respond to a key counterproposal, reducing optimism ahead of a possible vote.
Journalist Eleanor Terrett reported that despite expectations of progress over the weekend, negotiations remain stalled.
Last week, Terrett revealed that Senators Thom Tillis and Ruben Gallego had proposed stronger ethics provisions, including language that would allow state attorneys general to enforce laws involving federal officials.
In an update on Monday, citing a source familiar with the discussions, she said the White House has yet to respond to that proposal.
“A deal on the CLARITY Act’s biggest outstanding issue has yet to materialize heading into the week of a potential vote.”
With no meaningful breakthrough in negotiations, expectations for the bill’s approval continue to fade. Estimates from Washington analysts and prediction markets now place the chances of passage at around 28%, a sharp decline from roughly 70% earlier this year.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
