The U.S. Treasury Secretary signaled the legislation is close to advancing, using a football metaphor to suggest the bill is nearing the final stage before passage.
U.S. Treasury Secretary Bessent said the Clarity Act is at the “1-yard line” in the Senate, indicating he believes the legislation is very close to clearing a key final hurdle. The remark offers a fresh signal on the bill’s progress and suggests momentum around crypto-related market structure efforts, though no vote timing or additional legislative details were provided in the source.