Momentum around the U.S. CLARITY Act markup has slowed further after the Senate Banking Committee failed to signal any markup schedule before the end of the week, pushing expectations into May and raising doubts over the bill’s near-term progress.

Eleanor Terrett reported that no update came from Senator Tim Scott or Senate Banking Committee Republicans regarding a markup for next week. Friday was viewed as the informal cutoff to announce proceedings before the Senate enters recess, and the absence of any notice has effectively removed the April window.

April Window Closes as Senate Schedule Tightens

While hearings can technically be scheduled on short notice, the lack of formal communication makes an April markup increasingly unlikely….