The CLARITY Act moved closer to possible U.S. Senate action before the August 2026 recess after Treasury Secretary Scott Bessent said the chamber is at the “1-yard line” on the bill and nearing the final stages of passage. The measure, which passed the House in July 2025 and cleared the Senate Banking Committee in May 2026, still faces unresolved negotiations over stablecoin yields, decentralized finance oversight, anti-money laundering obligations and an ethics clause, while Senate leaders have not yet formally scheduled a floor vote. Prediction market YES odds rose from 38% to 41.5% over the past 24 hours, reflecting modestly higher expectations that the bill will advance.