
CLARITY Act Stalled in US Senate: Faces 60-Vote Hurdle Before Summer Recess
The CLARITY Act is on the Senate calendar but faces the 60-vote hurdle: Republicans hold 53 seats, need 7 Democrats. Three ethics disputes block votes. Odds at 27-30%.
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The CLARITY Act is on the Senate calendar but faces the 60-vote hurdle: Republicans hold 53 seats, need 7 Democrats. Three ethics disputes block votes. Odds at 27-30%.

The US and Japan confirmed a rare coordinated intervention to prop up the yen, with the New York Fed selling euros for yen on behalf of the Treasury. Trump called it "a sign of friendship", Bessent voiced full support. First joint yen purchase since 1998.