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Senate prepares for potential CLARITY Act floor vote as Republicans work to secure support

From fxstreet.com

Senate Republicans are preparing to advance the CLARITY Act as lawmakers face a narrow window to begin floor proceedings before the August recess. Senate Majority Leader John Thune (R-SD) is expected to move toward filing cloture on the motion to proceed to the bill, according to a Monday report by Eleanor Terrett. A successful cloture vote would require 60 votes and could trigger up to 30 hours of debate before the Senate moves to consider the legislation itself. However, Senators are scheduled to leave Washington for the August recess on August 7, leaving Republican lawmakers with limited time to secure the votes ... (full story)

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  • Category: Fundamental Analysis