Senator Kennedy Confirms CLARITY Act Markup Next Week After Bipartisan Senate Meeting

The CLARITY Act reverted to active attention in the U.S. Senate as legislators came under increasing pressure to renew stall crypto laws. The focus has been directed on whether the bill will be able to progress out of committee ahead of the January window.

CLARITY Act Gains Traction as Senate Plans Markup

The CLARITY Act push was boosted by the comments of John Kennedy. After the bipartisan Senators meeting, Kennedy, who spoke to reporters, indicated that a market structure markup will be released next week.

According to Punchbowl News Kennedy stated that the chairman was going to vote on the CLARITY Act. He suggested the potential of the markup as early as Thursday in the next week. The remarks itself were a sign of emergency on the committee after weeks of low popularity among masses.

CoinGape reported ealier, a meeting of Senate bipartisan senators on Tuesday. The legislators have limited time left with in-session and tightening schedules before the Martin Luther King Jr. Day recess.

However, Tim Scott informed legislators that his committee will proceed with a crypto market structure markup by Jan. 15. He stated that the panel is willing to continue even without the finalization of bipartisan backing.

The bill aims to have a more defined crypto market framework. Supporters say existing oversight remains fragmented. They argue that uncertainty has affected compliance and long-term planning.

Political Headwinds Persist Despite Senate Momentum

There is renewed movement but the analysts are wary. TD Cowen has warned that political situations may slow down the legislation. According to the company, the crypto market structure bill may not make it through the Congress until 2027, and implementation may not occur until 2029.

There is an uncertain picture given by TD Cowen policy analysts. Growth in this year can still happen, but it is extremely unlikely. The process continues to be burdened by competing legislative priorities.

Jaret Seiberg, a managing director at TD Cowen, has attributed it to a shift in political incentives. These Democratic party members, he claimed, would not be forced to hasten about with pressing matters. The next midterms of 2026 are expected to meet those expectations.