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Analysis: The Clarity bill faces both time and lobbying pressures to pass the Senate. - CoinFeed
Time 14:56

Analysis: The Clarity bill faces both time and lobbying pressures to pass the Senate.

June 1, 2026
CoinFeed News

CoinFeed reported on June 1st that, according to Crypto in America, the US Senate will have a packed agenda before its recess on July 4th, including priorities such as funding for the Department of Homeland Security, additional funding for the Pentagon, and the renewal of FISA Section 702. The fate of the Clarity digital asset market structure bill remains uncertain. The bill still needs to reconcile the differences between the versions of the Banking Committee and the Agriculture Committee, and gain consensus among some Democratic senators on ethical guidelines, DeFi enforcement tools, and legal protections for developers, in order to surpass the 60-vote threshold. Meanwhile, JPMorgan CEO Jamie Dimon and US banking lobbying groups are launching a new campaign against the current compromise on stablecoin yields; Custodia Bank is preparing to file a motion with the Supreme Court regarding the Federal Reserve's denial of its master account.

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