- Senator Cynthia Lummis is calling the current push the last real chance to pass the CLARITY Act.
- Treasury Secretary Scott Bessent has also urged Congress to move the bill forward.
- The prediction market now shows a 56% chance of the CLARITY Act becoming law in 2026, down 9 points today.
Senator Cynthia Lummis is turning up the pressure on Congress to pass the CLARITY Act, framing the current moment as the narrowest and most important window left for U.S. crypto market-structure legislation.
In two recent posts, she said Congress must act now and warned that failure could push the bill off the table until at least 2030. That message arrives as support broadens across Washington, and the prediction market shown in the chart prices the odds of enactment in 2026 at roughly 56%, down 9 points from the day before.
The urgency is not coming from Lummis alone. Treasury Secretary Scott Bessent has publicly called on Congress to pass the CLARITY Act, arguing that unclear U.S. rules have already driven crypto development and investment toward jurisdictions with clearer frameworks.
Lummis Pushes a Now-or-Never Message
Lummis is making the calendar the center of the story. Her latest posts focus on timing. She is arguing that Congress is close to losing its best chance to pass a full market-structure bill before election politics and floor-time constraints crowd the issue out.
That warning matches the broader legislative backdrop. Coin Edition recently reported that the bill remains stuck after disputes over stablecoin-related rewards and other industry-bank tensions, even though House lawmakers already passed a version, and bipartisan support still exists around the need for a framework.
Washington’s Support Keeps Building
The latest push is also drawing backing from other senior voices. SEC Chair Paul Atkins said “Project Crypto” is meant to ensure that once Congress acts, the SEC and CFTC are ready to implement the CLARITY Act. That shifts the conversation from whether regulators want a framework to whether lawmakers will deliver one in time.
Other influential figures have echoed the same line. Public posts tied to the latest Bessent push show support from White House-aligned voices and crypto policy advocates who now see market-structure legislation as the key unfinished item on the 2026 digital-asset agenda. David Sacks also said the Senate should pass market-structure legislation now.
The Market Shows Caution, Not Confidence
Traders on prediction markets anticipate the signing of the CLARITY Act into law in 2026, with current odds at 56%. The one-month line trends sideways to lower after earlier swings, which suggests traders still see a real path to passage but no clear legislative certainty.
Source: Polymarket
The bill still needs to clear Senate process hurdles, survive any remaining negotiations, and reach the president’s desk. Reporters say that the legislation’s treatment of digital assets and related incentives within the broader financial system remains the biggest sticking point.
For now, the political message is getting louder while the market stays measured. Lummis is telling Congress the opportunity is slipping away. Washington officials are signaling readiness. Traders, however, are still treating passage as possible rather than assured.
Related: CLARITY Act Gains Backing From Crypto’s Biggest Voices
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