Clarity Act Markup Pushed For May Because Of These 3 Reasons
Senate Banking Committee Chair Tim Scott was reportedly urged to delay the Clarity Act markup by fellow Republicans.
Part of a bigger event
Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies7 articles·6 sources·Avg cred 37/100
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tl;dr
The Senate's markup of the Clarity Act has been delayed to May due to Kevin Warsh's Federal Reserve nomination hearing, intensified bank lobbying, and a $290 million DeFi hack.
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TSTim ScottR-South Carolina
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