TREE NEWS update: Former House Financial Services Committee Chairman Patrick McHenry said the CLARITY Act could pass during the lame-duck period after the midterm elections, once the political cycle winds down. “They can hand over one last finished product here at the midterms,” McHenry said. The remarks point to a possible window for the crypto market-structure bill before the congressional session ends.
Ex-House Financial Services Chair McHenry: CLARITY Act Could Pass in Post-Midterm Lame-Duck Session
AI take
McHenry's framing is a reminder that crypto market-structure legislation has often moved in the narrow window after elections, when departing members face less electoral pressure. The signal here is procedural rather than substantive: the bill's substance is unchanged, but its timing depends on whether leadership prioritizes a finished product in a compressed session. That makes the lame-duck calendar, not the bill's merits, the variable worth watching.
Generated by AI for reference only.
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