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The CLARITY Act is facing another delay as U.S. Senate Majority Leader John Thune said it doesn’t have a chance of passage before the August recess. The debacle has turned focus on post mid-term election timeframe around November when the political turmoil may subside. Ron Hammond, Head of Policy and Advocacy at Wintermute, says that while the bill still has enough bipartisan support, he says that election politics is delaying the bill now.
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