TD Cowen: CLARITY Act's committee approval doesn't guarantee Senate passage

Wall Street investment bank and research firm TD Cowen stated that the CLARITY Act's passage through the Senate Banking Committee today does not guarantee it will pass a full Senate vote, The Block reported. TD Cowen explained that while Democratic lawmakers supported the bill in committee, they could still vote against it on the Senate floor if their desired amendments are not included. CoinNess previously reported that after passing the Senate Banking Committee's review, the bill will proceed to a coordination and integration process with the Senate Agriculture Committee before heading to the full Senate for a vote.