The CLARITY Act is closer to a Senate vote than at any point since it passed the House. Coinbase Chief Policy Officer Faryar Shirzad appeared on Fox News and delivered a timeline that few observers expected to hear.
Crypto commentator JackTheRippler (@RippleXrpie) shared the clip, and the statement is significant. Shirzad said the vote could arrive as early as Monday of next week.
💥UPDATE: 🇺🇸 The CLARITY ACT is ready for FINAL ACTION!
Coinbase Chief Policy Officer:
"I think we will have a vote as early as Monday of next week"🔥 pic.twitter.com/yUrvIdYIYa
— JackTheRippler ©️ (@RippleXrpie) July 27, 2026
The Executive’s Statement
Shirzad confirmed direct contact with Senate Majority Leader John Thune’s office. He said the Majority Leader’s “commitment to getting the Clarity Act done before August remains.” CNBC recently reported that Thune plans to bring the bill to a floor vote before the recess. Shirzad described the bill as “ready for final action.”
The CLARITY Act passed the House with a strong bipartisan vote. 78 Democrats joined every Republican to send the market structure bill to the Senate. The latest draft included roughly 70 pages of additions on the law enforcement side and multiple pages of consumer protection. Shirzad said almost all of those additions reflected Democratic priorities. According to him, “This bill is an extraordinarily bipartisan piece of work.”
The Recess Deadline
The Senate heads into August recess on August 8. Shirzad acknowledged that Thune expressed some skepticism about clearing his full legislative queue before recess. Still, Shirzad maintained that the CLARITY Act holds a different status among the items on that list.
His message was optimistic. He said he is “hopeful” the vote happens and expressed confidence that passing the bill before recess would give the Senate an important bipartisan win. A Monday vote would leave several days before recess as a buffer, giving negotiators room for any final adjustments that are needed.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Will the Bill Pass?
JackTheRippler’s decision to share Shirzad’s comments connects directly to XRP’s regulatory situation. The CLARITY Act would establish a legal structure for digital asset classification in the U.S. XRP has regulatory clarity but still lacks structure. Passage would change the legal environment for exchanges, institutions, and retail holders alike.
The bill has 51 confirmed yes votes, and the remaining obstacle has been Democratic votes. Shirzad’s account of the bill’s evolution, with Democratic priorities built into the current draft, suggests the gap may be narrower than public statements from opposing senators indicate.
The Senate now has until August 8. Shirzad believes the votes are there and the leadership commitment holds. The next few days will confirm whether that assessment is correct.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
