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TD Cowen sees 60% chance Senate Clarity Act cloture vote fails

  • TD Cowen forecasts failure of the Senate's Clarity Act cloture motion.
  • 60% probability is assigned to failure in the base-case scenario.
  • The vote is scheduled for around 2:15 p.m. ET today.

TD Cowen assigns a 60% probability to the Senate's Clarity Act cloture motion failing today. The vote is scheduled for around 2:15 p.m. ET. The firm's other scenarios include cloture passing with Democrats allowed to offer their proposals, although the available source text ends before specifying them.

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