Tim Scott Clears Procedural Hurdles for the CLARITY Act A significant update is emerging from the Senate Banking Committee as it prepares for today’s high-stakes markup of the Digital Asset Market Clarity Act. The Procedural Pivot: According to Politico, Chairman Tim Scott plans to reject more than a dozen proposed amendments today. The reason? Drafting errors. By setting aside these procedural issues, Scott is effectively clearing the path for a partisan markup, allowing the bill to advance even without total committee consensus. What This Means for the Bill: Partisan Push: Moving along party lines typically signals a faster committee exit but may face a more contentious battle on the Senate floor. Momentum Over Perfection: The rejection of these amendments suggests the Republican leadership is prioritizing speed to hit the goal of a full Senate vote by June or July. Market Sentiment: Traders are viewing the "clearing of the path" as a sign that the bill will not be bogged down in a "death by a thousand amendments." The Big Picture: With Polymarket odds hovering around 62-75% for passage in 2026, the market is bracing for a "Risk-On" signal if the committee successfully votes the bill out of executive session today. For assets like $XRP and $ETH , the solidification of this regulatory framework is the ultimate institutional green light. #TimScott #BingX #Macro Insights#