We're going to start at the most predictable place because we're running out of time to talk about it. We've got this right here.
Clarity Act faces fresh delay as Senate prioritizes Russia sanctions bill. So Thune has decided the Senate calendar and non-surprisingly, the Clarity Act is not on it for this week.
meaning that next week will be the last chance before the recess for the United States Senate to pass the Clarity Act.
Now, as you know, we now have a merged bill that came out merging Senate Financial and Agriculture that includes ethics language for the first time.
But that ethics language is still a major sticking point for Senate Democrats who are needed to pass this act.
Now, remember, not only does it need to be passed through the Senate and voted on, but it also then has to go to the house to be voted on.
And then the president who has said he will sign it would need to sign it, but he's also said he's not signing anything right now until they get the voter registration act done.
So it can also uh hit that wall even if this all gets passed.
Now, I was skiing recently in Courchevel uh because I'm fancy in France in December.
I don't know if you guys have ever seen this, but it's the shortest runway in the world. You literally have these like, it's like Hunger Games for really rich people.
They come in, they decide whether they're going to live or die, and they divert, they come back. shortest runway in the world, has a hill literally to stop your plane and to get it going faster.
Well, the United States government, the Senate is trying to land a 747 on this thing right now.
That was a way of me saying there's a really short runway to get the Clarity Act done.
But it felt good, right?
So, I would say that the odds are still extremely low. We haven't even gotten an agreement on ethics language.
I just think it's so funny. I mean, the Clarity Act here has survived stablecoin yield, government ethics, partisan warfare, and now faces its most dangerous opponent.
Uh there was an interesting take that the president could actually force the Senate to skip their recess and vacation and stay to pass essential legislation.
I don't think that's going to happen, but we'll see. So the story here is that we're the Corvel runway trying to land an A380 and maybe it's not going to happen.
Maybe there's still that 5% chance that it will.