Senate Republicans have released the final draft of the bill, addressing key points of contention such as Donald Trump's cryptocurrency conflicts of interest, stablecoin rewards, and software developer protections. The new draft empowers state attorneys general to enforce conflict-of-interest rules for public officials and allows the Treasury Secretary to implement an 18-month "circuit breaker" on stablecoin rewards if their payouts trigger significant deposit outflows. However, TD Cowen's Washington Research Group still believes there is only a 25% chance of the CLEAR Act becoming law this year, as it still needs to pass the House of Representatives, and some Democrats have doubts about the enforceability of the ethics provisions.