The CLARITY Act is moving toward a key Senate test next week as U.S. lawmakers prepare a committee vote that could reshape crypto market oversight. Traders are also watching major inflation releases and a Supreme Court tariffs ruling that may influence broader risk sentiment.
CPI, Tariffs Ruling, and CLARITY Act Vote Ahead
Markets have several high impact events in the next week. There are scheduled reports of U.S. CPI and Core CPI on Tuesday. Core PPI will be released on Wednesday, and a Supreme Court decision on tariffs. The Senate will hold a committee vote Thursday on the CLARITY Act.
The Senate Banking Committee Republicans have announced in an official notice that the committee will mark up on crypto market structure on January 15 at 10:00 A.M. ET. It will be based on a markup of the House proposed CLARITY Act.
If that committee approves of the bill, the CLARITY Act would then be sent for a full vote in the Senate. It would then return to the House for approval. This would be followed by a referral to President Donald Trump’s desk for his signature.
Its proponents suggest the CLARITY Act might become law by March 2026 under this timeline. The schedule relies upon the perpetuated momentum following the vote of the committee. It will also be determined by the fact that cross-party support continues beyond the markup level.
CoinGape reported that Senator John Kennedy validated that the markup is planned during the next week. It was also reported that Chairman Tim Scott will likely vote.
Vote Math, Manipulation Claims, and Lawmaker Bitcoin Buy Add Pressure
Alex Thorn, Galaxy’s head of research, stated what he thinks is a significant early sign. He added that in committee, all Republican yes votes and two to four Democratic aye votes would help the cause. Thorn also believed such a committee result could produce 65 to 70 votes in favor of passage on the Senate floor.
The bill is also being connected to assertions about market conduct. Supporters estimate that clearer rules might reduce market manipulation by 70% to 80%.
Analyst Crypto Rover said the CLARITY Act could reduce the risk of sudden crypto market crashes. He linked the argument to last October’s market drawdown, when nearly $19 billion was wiped out.
A separate financial filing this week added to the scrutiny of crypto policy. U.S. Representative Byron Donalds revealed up to $100,000 in Bitcoin purchases. The timing raised eyebrows since Donalds sits on the House Subcommittee on Digital Assets.
The Digital Assets, Financial Technology and Artificial Intelligence Subcommittee develops and considers legislation related to the digital economy. As a result of that role, the Bitcoin purchase has reignited the debate over whether lawmakers have access to market-sensitive information before it becomes public. The revelation emerged as Congress presses ahead with crypto market structure discussions.
Source: https://coingape.com/will-bipartisan-votes-pass-the-clarity-act-on-january-15/
