Overview
- The National Organization of Black Law Enforcement Executives formally endorsed the CLARITY Act on Thursday, saying the bill preserves criminal authorities while adding investigative tools.
- The Major County Sheriffs of America shifted to a neutral stance on Saturday after asking for formal roles for state and local agencies in Treasury studies and for matched funding for new responsibilities.
- Senator Bill Hagerty laid out a revised schedule that expects the Senate to publish a final text before a likely post‑recess floor vote after July 13, and Bloomberg Intelligence now puts July passage odds near 60 percent.
- Section 604 of the bill, the Blockchain Regulatory Certainty Act, would protect non‑custodial software developers from automatic money‑transmitter classification, a change supporters say shields builders and critics say could complicate some investigations.
- Major hurdles remain: the measure needs roughly 60 Senate votes to overcome a filibuster, negotiators must reconcile competing committee drafts and ethics and AML language, and the short pre‑recess calendar will decide whether action slips into 2027.