Alex Thorn, Head of Research at Galaxy Digital, emphasized the urgency of passing the Clarity Act. Ahead of the midterm elections in November, he stated on X, "Given the fierce competition for Senate seats, it is crucial that the Clarity Act passes now." He explained, "If the Democrats gain control of the Senate, crypto skeptic Sherrod Brown could return as Chairman of the Senate Banking Committee, and even if Brown loses in the Ohio election, anti-crypto Elizabeth Warren would take over the chairmanship."
