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Senate Majority Leader Schumer Discusses Clarity Act Support, Amendments Due 5:00 PM ET

GateNews
Regulation & Policy

According to journalist Eleanor Terrett, Senate Majority Leader Chuck Schumer attended a meeting with Democratic senators yesterday, signaling support for a "yes" vote on the Clarity Act cryptocurrency regulation legislation. However, sources indicated that Schumer said more progress was needed in ethics discussions before Thursday's scheduled committee review.

A bipartisan meeting today addressed ethical issues, though no concrete results emerged. Republican and Democratic advisory teams will reconvene to review the draft after amendments are submitted, with a deadline of 5:00 PM Eastern Time.

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