Clarity bill faces procedural voting test before recess, White House responds to disagreements with stablecoin returns
According to encryption journalist Eleanor Terrett's report on X platform, the Clarity bill is awaiting the White House's response to the bipartisan moral counter proposal and whether Majority Leader Thune will submit a procedural vote motion. The cryptocurrency industry and the Republican Party are pressuring to push forward with the bill before the recess, but the issue of stablecoin returns has become a point of disagreement. More lawmakers are demanding changes to the text, with support from an editorial in The Wall Street Journal. If the motion is not submitted tonight, it will not be possible to proceed before the recess.