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Bitcoin Stalls After CLARITY Act Success: Will Pro-Crypto Fed, White House Save The Day?
Key takeaways
- Bitcoin Stalls After CLARITY Act Success: Will Pro-Crypto Fed, White House Save The Day?
- Senate confirmed Kevin Warsh as the next Federal Reserve chair.
- After a bipartisan markup, the CLARITY Act moved out of the Senate Banking Committee with a 15-9 vote and is now awaiting a full Senate vote.
Bitcoin Stalls After CLARITY Act Success: Will Pro-Crypto Fed, White House Save The Day? Ray Salmond Sun, May 17, 2026 at 10:09 PM GMT+7 4 min read BTC-USD Crypto prices took an expected breather last week, but developments on the regulatory and Trad Fi adoption side continued to roll in.
On Wednesday, the U.S. Senate confirmed Kevin Warsh as the next Federal Reserve chair. Some crypto investors hope Warsh’s appointment will usher in an era of accommodative monetary policy, marked by interest rate cuts and an expansion of the money supply, which could encourage spending by businesses and consumers.
After a bipartisan markup, the CLARITY Act moved out of the Senate Banking Committee with a 15-9 vote and is now awaiting a full Senate vote.
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