In brief
- House Majority Whip Tom Emmer (R-MN) believes the Senate will ultimately opt to pass the House’s market structure bill, the CLARITY Act.
- The Senate is currently in the midst of drafting its own market structure bill, which it plans to deliberate on in September.
- Emmer says the White House has communicated that it wants a bill passed by September 30.
Days after the House passed a sweeping crypto market structure bill, the Senate began the process this week of considering its own, parallel version of the legislation.
Republican senators have signaled a desire to get their market structure bill moving after lawmakers return from their August recess—but a top House Republican expressed confidence Thursday that, ultimately, the…
