US Senator Tillis: The Clarity Act is ready to move to hearings and deliberations.

CoinFeed reported on April 30th, citing CoinDesk, that US Senator Thom Tillis stated the Clarity Act is ready to proceed to the Senate Banking Committee hearings. Tillis believes bankers have had sufficient time to present their positions on stablecoin yields, and he will encourage the committee chairman to move forward with the hearings. Analysts point out that if hearings can be held in mid-May, the bill still has a chance of passing in 2026; any further delays could close the legislative window. Other issues to be addressed include the Democratic-pushed ethical clause prohibiting government officials from profiting from crypto businesses, and Senator Chuck Grassley's request to include DeFi developer protection provisions under his committee's jurisdiction. Only about 11 weeks remain on the Senate calendar.