Senate Democrats prepare Clarity Act counterproposal ahead of 24-hour floor test

  • Senate Democrats plan to discuss Clarity Act strategy and coordinate a counterproposal.
  • Less than 24 hours remain before the bill’s first major Senate floor test.
  • Republicans describe their newly released text as their final and best proposal.

Senate Democrats are expected to meet tonight to discuss strategy for the Clarity Act, a proposed crypto-market legislation, and coordinate a counterproposal to text released by Republicans last night. Republicans have maintained that the document is their "last, best and final" offer. The bill is due to face its first major test on the Senate floor in less than 24 hours, putting negotiations under an accelerated timetable.

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