Eleanor Terrett says CLARITY Act likely to fall short of 60 Senate votes

Eleanor Terrett, host of the U.S. podcast "Crypto In America," said negotiators at the Capitol were still in tense last-minute talks an hour before the Senate vote on the CLARITY Act. Terrett said Democrats were still holding to their earlier position on amendments to the bill’s ethics provisions. Further changes would likely require renewed White House approval, and those involved were clearly aware that little time remained, Terrett said. Terrett added that a Democratic source described the effort as highly intense but constrained by a lack of time, while a Republican source confirmed a similar mood. An industry source at the Capitol today also said, after speaking with senators, that the bill was expected to fall short of the 60 votes needed to advance to the full Senate.