Passing the CLARITY crypto structure bill could boost market sentiment, says US Treasury Secretary Scott Bessent. Concerns over the bill’s stalling due to industry execs have negatively impacted the market. Bessent emphasizes the importance of passing the bill before the 2026 US midterm elections. Political shift could reverse Trump’s pro-crypto policies.
Bessent stresses the urgency of getting the bill to President Trump before spring. Potential power shift in the 2026 midterm elections could impact the fate of the bill. Republican Party holds a slim majority in the US House of Representatives. Polymarket predicts split power in Congress in 2026 midterms.
Traders on Polymarket predict a split in power in the 2026 midterms. Odds of Democratic Party sweeping both chambers are at 37%. Magazine explores the evolution of the crypto industry in the stablecoin fight. Cointelegraph is committed to transparent journalism and accuracy. Read more about their Editorial Policy on their website.
Read more at Cointelegraph: Passing CLARITY Act Will ‘Comfort’ Crypto Market Investors: Scott Bessent
