Katherine Kirkpatrick Bos, Head of Legal at Chainlink, said the House’s cancellation of the final two weeks of its September legislative schedule was devastating for the Clarity Act’s prospects. She argued that guidance from the CFTC (U.S. derivatives regulator) and SEC (U.S. securities regulator) cannot provide the same durability as legislation, because rules and guidance are easier to change or reverse. Kirkpatrick Bos welcomed regulators’ efforts to fill the legislative gap but said the key question is whether that guidance can be secured in two and a half years. She called for greater involvement from traditional finance, or TradFi, institutions, saying broader participation would make the framework more difficult to undo.