CLARITY Act Clock Ticks Down: TD Cowen Says 2026 Passage Looks Less Likely–Here’s Why
The odds of the CLARITY Act becoming law this year are fading, according to TD Cowen, even after the bill cleared key legislative hurdles in the Senate. While the measure successfully passed through the Senate Agriculture Committee and the Senate Banking Committee, a full Senate vote—and the final approval needed to send the bill to the finish line—now looks increasingly unlikely before year’s end. CLARITY Act Momentum Hits New Wall TD Cowen managing director Jaret Seiberg, writing in a Tuesday note from the firm’s Washington Research Group, said his team remains pessimistic that the CLARITY Act will be enacted this year. In his view, the main challenge is political: whether Democrats can support the bill if it includes provisions aimed at addressing presidential conflicts of interest. Related Reading: Ethereum Price Roadmap For The Rest Of 2026: Bull, Base, And Bear Scenarios Unpacked At the same time, Seiberg warned that Republicans could become more reluctant to advance the legis