TD Cowen: Passage of the Clarity Act Before the Midterm Elections Is Far from a Done Deal
Svmuu News: Investment bank TD Cowen stated that passage of the Clarity Act before the November midterm elections is far from a foregone conclusion, as it still faces significant political and policy obstacles. The Senate is expected to begin deliberations on the bill during the week of July 13, with July 24 serving as a key deadline, as the House is set to adjourn before August. Jaret Seiberg, managing director of TD Cowen’s Washington Research Group, questioned whether the bill could be approved before the fall elections if it fails to pass by then.
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