The most important crypto bill of the decade just got quietly delayed.
And Wall Street might be the reason why.
The Senate Banking Committee was supposed to move on the CLARITY Act this week.
It's not happening.
Kevin Warsh's Fed Chair hearing is eating up all the oxygen in the room — and there's almost no path to a noticed vote by Friday.
But here's the part that should make you uncomfortable.
Major bank trade groups are actively lobbying to push the markup to May.
The same institutions that spent years fighting crypto are now in the room, shaping the timeline of the bill meant to regulate it.
Delays in Washington are never random. They're engineered.
Every week this slips is another week of regulatory uncertainty. Another week of institutional money sitting on the sidelines. Another week the old guard controls the tempo.
May sounds close. But in policy time, May is a lifetime.
Watch who's lobbying hardest. That tells you everything about what's actually in this bill.
The game is being played in the hallways, not the headlines.