CLARITY Act Faces Fresh Uncertainty as Trump Delays Legislative Agenda

The much-awaited CLARITY Act is facing fresh uncertainty as US President Donald Trump has decided to pause support for other legislation until Congress passes the SAVE America Act. While the crypto market remains largely optimistic as a key markup hearing approaches, Trump’s shift in legislative priorities has sparked concerns about the crypto bill’s passage.

Is CLARITY Act passage in limbo?

US President Donald Trump’s latest comments about the country’s legislative agenda have invoked new concerns about the potential journey of the CLARITY Act. Although he has not directly mentioned the crypto bill, his choice of the SAVE America bill over other bills has raised questions about whether the CLARITY Act could be delayed further. 

As CoinCodex reported recently, Congress passed the 21st Century ROAD to Housing Act, which holds a clause that restricts the US’s launch of a CBDC. While the housing bill has been sent to the White House to sign it into law, Trump reportedly dismissed it as a “yawn.”

On Monday, Trump said that he hadn’t yet decided whether to sign the bill. He considers the Housing Act as “so unimportant” compared to the SAVE America Act. He added that his focus is now on election-related reforms and cancelled the signing ceremony. He noted,

This indicates that the president’s legislative priorities have changed, casting a shadow over the future of the CLARITY Act. Although the July 17 markup hearing is closely watched, Trump’s recent decision has added to the uncertainty.

House Speaker remains optimistic about the Housing Bill

House Speaker Mike Johnson strongly believes that the Housing Bill would become law despite the president’s recent statement. According to him, Trump is unlikely to veto the bill. He may either sign it into law or allow it to automatically take effect after a 10-day review period. The statement read,

Moreover, Johnson argued that Congress can work on different bills simultaneously. This statement gives some hope that other legislation could also move through Congress despite Trump’s focus on the SAVE America Act. Thus, the hopes for the passage of the CLARITY Act have not fully faded.

Will the CLARITY Act become law in July?

Despite the latest uncertainty surrounding the CLARITY Act, Senate Republicans remain committed to advancing the market structure bill. For instance, Banking Committee Chair Tim Scott and Senate Majority Leader John Thune have recently reiterated their stance. Both of them intend to pass the bill in July. Scott shared a post on X, stating, “The Senate should vote on crypto market structure legislation in July.”

As Galaxy Research’s Alex Thorn stated, the Senate’s tight schedule is a key issue. If the crypto bill needs to be passed this year, the Senate should schedule a floor vote next month. Otherwise, the bill would see further delays due to the upcoming mid-term elections.