Gallego says Clarity Act can still pass as ethics talks remain unresolved

Key takeaways

The Clarity Act, a congressional crypto regulatory bill, is being held up by an unfinished ethics deal among lawmakers rather than by its substantive text.

Democratic Sen. Ruben Gallego said Congress can still complete the legislation, using the phrase "land this plane" to describe the bill's standing.

Gallego expressed confidence in passage even though ethics negotiations show no sign of resolution.

Gallego's stance puts at least one Senate Democrat on record as believing a path to passage remains open.

Whether the ethics negotiation closes in a way that clears the way for a vote is a question the bill's supporters have not yet answered.

The Clarity Act, the congressional crypto regulatory bill, faces a new friction point as an ethics deal among lawmakers remains unfinished and concerns about that gap are growing. Democratic Sen. Ruben Gallego said Congress can still complete the legislation, using the phrase "land this plane" to describe his read on where the bill stands.

Gallego offered that confidence even as ethics negotiations showed no sign of resolution. His position puts at least one Senate Democrat on record as believing a path to passage remains open.

The unfinished ethics deal, not the Clarity Act's substantive text, is the obstacle Gallego addressed. Whether that negotiation closes in a way that clears the runway for a vote is the question the bill's supporters have not yet answered.

Gallego says Clarity Act can still pass as ethics talks remain unresolved

Key takeaways

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