French Hill says Clarity Act field hearing is set for New York next week
The congressman said lawmakers want a market-structure framework in place so it can be combined with the GENIUS Act.
Fact Check
Official House Financial Services Committee sources confirm Chairman French Hill scheduled a CLARITY Act field hearing ('Building the Future of Finance: How the CLARITY Act Unlocks Innovation') for Friday, July 17, 2026 in New York, NY. Relative to the claim's July 10, 2026 date, this is 'next week,' matching the claim. The market-structure framing and pairing with broader crypto legislation is corroborated by The Defiant. Every core element of the claim—French Hill, Clarity Act, field hearing, New York, next week—is supported by primary government sources.
Summary
Congressman French Hill said lawmakers will hold a field hearing in New York next week on the Clarity Act, a crypto market-structure bill. Hill said, "We’ve got to get this market framework in place to be combined with the GENIUS Act," signaling an effort to align broader digital-asset rules with separate stablecoin legislation.
Terms & Concepts
- Clarity Act: Proposed crypto market-structure legislation.
- GENIUS Act: Separate digital-asset bill referenced by Hill.
- market framework: Rules governing how a market operates.