The claim
“White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt The executive director of the President's Council of Advisors for Digital Assets said the Senate Banking Committee hearing will happen this month on market structure.”
Our verdict
True
Multiple news outlets confirm that the White House is targeting July 4 for House passage of the Clarity Act and that a Senate Banking Committee markup is scheduled for this month, as stated by Patrick Witt.
What we found
Multiple news outlets confirm that the White House is targeting July 4 for House passage of the Clarity Act and that a Senate Banking Committee markup is scheduled for this month, as stated by Patrick Witt.
The evidence
2 sources, all background: none settles the claim either way.
- Background
Yahoo Finance article states the White House is targeting July 4 for House passage, with Senate Banking Committee markup this month, Senate floor vote in June, and House passage before July 4.
finance.yahoo.com· Yahoo Finance report - Background
The administration's plan includes four working Senate weeks in June for floor passage and sufficient runway for a House vote before Independence Day.
coindesk.com· Legislative timeline context
How we checked
We reviewed 2 relevant sources.
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